ABELSNES INVEST AS: årsregnskap 2013 vs 2012
Grew 1007% on revenue, weaker earnings, fresh owner capital
approved 2014-06-25; registry 2014-08-25; journal 2014 699767
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABELSNES INVEST AS. Revenue 27.1k NOK → 300.5k NOK (+1007.1%). Net result +1.78m NOK → +973.2k NOK. Equity 2.58m NOK → 1.61m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 27.1k NOK to 300.5k NOK (+1007.1% YoY). Calculated
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Operating result improved
Operating result -282.8k NOK → +68.0k NOK (op. margin -1042.1% → 22.6%). Calculated
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Cash rose
Bank deposits 68.9k NOK → 143.5k NOK (+108.4% YoY). Calculated
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Owners injected capital
Paid-in equity rose 580.8k NOK → 2.58m NOK (+2.00m NOK). Reported fact
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Payroll decreased
Salary cost 10.8k NOK → 3 710 NOK (40% → 1% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.78m NOK → +973.2k NOK (net margin 6570.1% → 323.9%). Calculated
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↓
Equity eroded
Book equity 2.58m NOK → 1.61m NOK (equity ratio 86.1% → 62.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.09× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated