Org.nr 992 484 403 2012 → 2013 Year-over-year analysis

ABINTUS AS: årsregnskap 2013 vs 2012

Shrank 35% on revenue, cash halved-plus

approved 2014-05-07; registry 2014-06-04; journal 2014 436972

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABINTUS AS. Revenue 905.0k NOK → 588.0k NOK (-35.0%). Equity 266.5k NOK → 87.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABINTUS AS.

Scorecard

Revenue
905.0k NOK 588.0k NOK
-35.0%
Equity
266.5k NOK 87.0k NOK
-67.4%
Cash
299.9k NOK 14.8k NOK
-95.1%
Total assets
450.4k NOK 192.8k NOK
-57.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.50m NOK → 401.8k NOK (165% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 905.0k NOK to 588.0k NOK (-35.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 266.5k NOK → 87.0k NOK (equity ratio 59.2% → 45.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 299.9k NOK → 14.8k NOK (-95.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 102.5k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation