ABSOLUTE BAR AS: årsregnskap 2013 vs 2012
Shrank 5% on revenue, cash halved-plus
approved 2014-04-14; registry 2014-05-06; journal 2014 378780
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABSOLUTE BAR AS. Revenue 744.5k NOK → 705.8k NOK (-5.2%). Equity -350.5k NOK → -192.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSOLUTE BAR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -10.1k NOK → +166.9k NOK (op. margin -1.4% → 23.6%). Calculated
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↑
Equity strengthened
Book equity -350.5k NOK → -192.9k NOK (equity ratio -246.9% → -200.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 744.5k NOK to 705.8k NOK (-5.2% YoY). Calculated
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↓
Cash fell
Bank deposits 45.9k NOK → 10.7k NOK (-76.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 354.3k NOK → 266.2k NOK (-24.9% YoY). Calculated