Org.nr 992 169 028 2012 → 2013 Year-over-year analysis

ABELON TECHNOLOGY AS: årsregnskap 2013 vs 2012

Shrank 92% on revenue, slipped into loss, cash halved-plus

approved 2014-04-15; registry 2014-04-23; journal 2014 362701

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABELON TECHNOLOGY AS. Revenue 2.04m NOK → 153.6k NOK (-92.5%). Net result +186.1k NOK → -220.3k NOK. Equity 196.6k NOK → 196.6k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
2.04m NOK 153.6k NOK
-92.5%
Operating result
+244.4k NOK -311.2k NOK
-227.3%
Net result
+186.1k NOK -220.3k NOK
-218.4%
Equity
196.6k NOK 196.6k NOK
0.0%
Cash
406.8k NOK 130.0k NOK
-68.0%
Total assets
900.4k NOK 434.2k NOK
-51.8%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 320.4k NOK (+220.3k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.04m NOK to 153.6k NOK (-92.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +244.4k NOK → -311.2k NOK (op. margin 12.0% → -202.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 186.1k NOK profit to a loss of 220.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 406.8k NOK → 130.0k NOK (-68.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 8 NOK → 136.7k NOK (+1708912.5% YoY). Calculated