ABILITY MANAGEMENT AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-06-27; registry 2014-09-10; journal 2014 803960
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABILITY MANAGEMENT AS. Revenue 27.90m NOK → 27.52m NOK (-1.4%). Equity 577.5k NOK → 166.1k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABILITY MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 444.5k NOK → 11.81m NOK (+2557.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 10.81m NOK → 9.70m NOK (39% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 27.90m NOK to 27.52m NOK (-1.4% YoY). Calculated
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↓
Equity eroded
Book equity 577.5k NOK → 166.1k NOK (equity ratio 1.1% → 0.2%). Calculated
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↓
COGS moved
COGS / varekostnad 25.1k NOK → 190.7k NOK (+659.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 37.77m NOK → 6 279 NOK. Reported fact