Org.nr 998 605 415 2012 → 2013 Year-over-year analysis

ABSTREKER AS: årsregnskap 2013 vs 2012

Grew 525% on revenue

approved 2014-05-07; registry 2014-05-17; journal 2014 402446

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABSTREKER AS. Revenue 22.4k NOK → 140.0k NOK (+525.0%). Equity 31.7k NOK → -82.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSTREKER AS.

Scorecard

Revenue
22.4k NOK 140.0k NOK
+525.0%
Operating result
+2 400 NOK n/m
—
Equity
31.7k NOK -82.9k NOK
-361.2%
Cash
30.0k NOK 35.4k NOK
+18.0%
Total assets
52.4k NOK 90.6k NOK
+72.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.4k NOK to 140.0k NOK (+525.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 35.4k NOK (+18.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 31.7k NOK → -82.9k NOK (equity ratio 60.6% → -91.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.54× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -91.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation