ABS SHOOTING AS: årsregnskap 2013 vs 2012
Shrank 7% on revenue, stronger earnings
approved 2014-06-02; registry 2014-08-20; journal 2014 680295
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABS SHOOTING AS. Revenue 5.79m NOK → 5.40m NOK (-6.8%). Net result -399.4k NOK → -275.4k NOK. Equity 558.8k NOK → 283.4k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABS SHOOTING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -492.8k NOK → -300.4k NOK (op. margin -8.5% → -5.6%). Calculated
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Net result improved
Net result -399.4k NOK → -275.4k NOK (net margin -6.9% → -5.1%). Calculated
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Payroll decreased
Salary cost 807.5k NOK → 722.9k NOK (14% → 13% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.79m NOK to 5.40m NOK (-6.8% YoY). Calculated
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↓
Equity eroded
Book equity 558.8k NOK → 283.4k NOK (equity ratio 23.0% → 13.5%). Calculated
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↓
Cash fell
Bank deposits 23.8k NOK → 19.0k NOK (-20.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.67m NOK → 4.34m NOK (-7.2% YoY). Calculated