Org.nr 995 833 891 2012 → 2013 Year-over-year analysis

ABU ENTREPRENØR AS: årsregnskap 2013 vs 2012

Shrank 83% on revenue

approved 2014-06-30; registry 2014-09-04; journal 2014 767169

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABU ENTREPRENØR AS. Revenue 10.72m NOK → 1.87m NOK (-82.6%). Equity 624.8k NOK → 220.9k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABU ENTREPRENØR AS.

At a glance

Revenue

10.72m NOK 1.87m NOK

-82.6%

Equity

624.8k NOK 220.9k NOK

-64.7%

Cash

174.4k NOK 270.7k NOK

+55.2%

Total assets

4.99m NOK 2.52m NOK

-49.5%

↑
Cash rose

Bank deposits 174.4k NOK → 270.7k NOK (+55.2% YoY). Calculated
↑
Payroll decreased

Salary cost 643.5k NOK → 274.6k NOK (6% → 15% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.72m NOK to 1.87m NOK (-82.6% YoY). Calculated
↓
Equity eroded

Book equity 624.8k NOK → 220.9k NOK (equity ratio 12.5% → 8.8%). Calculated

·
Thin equity buffer

Equity ratio is 8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 8.76m NOK → 432.3k NOK (-95.1% YoY). Calculated