ABRA BESLAG AS: årsregnskap 2013 vs 2012
Grew 78% on revenue, weaker earnings
approved 2014-06-11; registry 2014-08-11; journal 2014 644165
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABRA BESLAG AS. Revenue 3.17m NOK → 5.64m NOK (+78.0%). Net result +31.3k NOK → +14.2k NOK. Equity -352.0k NOK → 312.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRA BESLAG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.17m NOK to 5.64m NOK (+78.0% YoY). Calculated
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↑
Equity strengthened
Book equity -352.0k NOK → 312.2k NOK (equity ratio -15.9% → 11.2%). Calculated
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↑
Cash rose
Bank deposits 185.2k NOK → 385.9k NOK (+108.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +83.4k NOK → +53.9k NOK (op. margin 2.6% → 1.0%). Calculated
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↓
Net result weakened
Net result +31.3k NOK → +14.2k NOK (net margin 1.0% → 0.3%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 500.8k NOK → 150.8k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 710.6k NOK → 1.47m NOK (22% → 26% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.10m NOK → 3.64m NOK (+73.8% YoY). Calculated