Org.nr 991 472 630 2012 → 2013 Year-over-year analysis

ABRA EIENDOM AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue, returned to profit

approved 2014-03-11; registry 2014-09-13; journal 2014 828604

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABRA EIENDOM AS. Revenue 140.5k NOK → 2 NOK (-100.0%). Net result -5 217 NOK → +6.16m NOK. Equity 21.26m NOK → 27.42m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRA EIENDOM AS.

Scorecard

Revenue
140.5k NOK 2 NOK
-100.0%
Operating result
+4 650 NOK -739.5k NOK
-16002.7%
Net result
-5 217 NOK +6.16m NOK
+118117.2%
Equity
21.26m NOK 27.42m NOK
+29.0%
Cash
276.2k NOK 287.5k NOK
+4.1%
Total assets
29.09m NOK 38.92m NOK
+33.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 217 NOK to a profit of 6.16m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 21.26m NOK → 27.42m NOK (equity ratio 73.1% → 70.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 276.2k NOK → 287.5k NOK (+4.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 140.5k NOK to 2 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4 650 NOK → -739.5k NOK (op. margin 3.3% → -36973850.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 15.6k NOK → 331.0k NOK (11% → 16551550% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 132.5k NOK → 3.00m NOK. Reported fact