ABSOLUTESKILLS AS: årsregnskap 2013 vs 2012
Grew 299% on revenue, returned to profit, cash halved-plus
approved 2014-06-18; registry 2014-07-05; journal 2014 540476
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABSOLUTESKILLS AS. Revenue 202.1k NOK → 807.4k NOK (+299.4%). Net result -480.2k NOK → +248.5k NOK. Equity 1.35m NOK → 2.10m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 202.1k NOK to 807.4k NOK (+299.4% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 480.2k NOK to a profit of 248.5k NOK. Calculated
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↑
Equity strengthened
Book equity 1.35m NOK → 2.10m NOK (equity ratio 89.2% → 76.8%). Calculated
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↑
Payroll decreased
Salary cost 1.74m NOK → 77.7k NOK (859% → 10% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 947.1k NOK → 180.6k NOK (-80.9% YoY). Calculated