ABRA REGNSKAP OG RÅDGIVNING AS: årsregnskap 2013 vs 2012
Grew 8% on revenue, slipped into loss, cash halved-plus
approved 2014-09-26; registry 2014-10-02; journal 2014 861069
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABRA REGNSKAP OG RÅDGIVNING AS. Revenue 69.2k NOK → 74.8k NOK (+8.0%). Net result +5 994 NOK → -149.9k NOK. Equity 115.1k NOK → -34.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRA REGNSKAP OG RÅDGIVNING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 69.2k NOK to 74.8k NOK (+8.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.02m NOK → 2.00m NOK (2924% → 2679% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1 274 NOK → -131.6k NOK (op. margin 1.8% → -175.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 5 994 NOK profit to a loss of 149.9k NOK. Calculated
-
↓
Equity eroded
Book equity 115.1k NOK → -34.8k NOK (equity ratio 12.2% → -4.7%). Calculated
-
↓
Cash fell
Bank deposits 331.0k NOK → 102.5k NOK (-69.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation