ABS FREDRIKSTAD AS: årsregnskap 2013 vs 2012
Grew 78751% on revenue
approved 2014-03-20; registry 2014-04-07; journal 2014 342345
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABS FREDRIKSTAD AS. Revenue 1 762 NOK → 1.39m NOK (+78750.7%). Equity 45.6k NOK → 7.28m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABS FREDRIKSTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 762 NOK to 1.39m NOK (+78750.7% YoY). Calculated
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↑
Equity strengthened
Book equity 45.6k NOK → 7.28m NOK (equity ratio 28.3% → 3412.2%). Calculated
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↑
Cash rose
Bank deposits 111.5k NOK → 621.1k NOK (+456.9% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.39× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 179 NOK → 886.9k NOK (124% → 64% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 365.2k NOK → 52.0k NOK (-85.8% YoY). Calculated