FirmaIQ
Org.nr 925 102 423 2012 → 2013 Year-over-year analysis

ABEL FINANS AS: årsregnskap 2013 vs 2012

Grew 5% on revenue

approved 2014-03-20; registry 2014-06-19; journal 2014 473154

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABEL FINANS AS. Revenue 615.9k NOK → 648.9k NOK (+5.3%). Net result +346.7k NOK → +374.8k NOK. Equity 1.67m NOK → 1.55m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEL FINANS AS.

At a glance

Scorecard

Revenue
615.9k NOK 648.9k NOK
+5.3%
Operating result
+466.3k NOK +513.2k NOK
+10.1%
Net result
+346.7k NOK +374.8k NOK
+8.1%
Equity
1.67m NOK 1.55m NOK
-7.5%
Cash
254.3k NOK 271.5k NOK
+6.7%
Total assets
2.23m NOK 2.22m NOK
-0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 615.9k NOK to 648.9k NOK (+5.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +466.3k NOK → +513.2k NOK (op. margin 75.7% → 79.1%). Calculated

  • ↑

    Net result improved

    Net result +346.7k NOK → +374.8k NOK (net margin 56.3% → 57.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 254.3k NOK → 271.5k NOK (+6.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.67m NOK → 1.55m NOK (equity ratio 75.0% → 69.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 695.3k NOK → 854.9k NOK. Reported fact