ABYSSUS MARINE SERVICES AS: årsregnskap 2013 vs 2012
Shrank 53% on revenue
approved 2014-09-25; registry 2014-09-29; journal 2014 858423
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABYSSUS MARINE SERVICES AS. Revenue 6.81m NOK → 3.20m NOK (-53.0%). Equity 476.3k NOK → 661.7k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABYSSUS MARINE SERVICES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -375.3k NOK → +675.9k NOK (op. margin -5.5% → 21.1%). Calculated
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↑
Equity strengthened
Book equity 476.3k NOK → 661.7k NOK (equity ratio 7.6% → 13.5%). Calculated
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↑
Cash rose
Bank deposits 785.7k NOK → 791.6k NOK (+0.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.81m NOK to 3.20m NOK (-53.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.85m NOK → 4.97m NOK (71% → 155% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.97m NOK → 411.9k NOK (-91.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.29m NOK → 2.67m NOK. Reported fact