AC-SUNCARE INSTITUTE AS: årsregnskap 2013 vs 2012
Shrank 11% on revenue, stronger earnings
approved 2014-06-17; registry 2014-06-23; journal 2014 491464
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AC-SUNCARE INSTITUTE AS. Revenue 143.8k NOK → 127.7k NOK (-11.2%). Net result -670.8k NOK → -66.6k NOK. Equity -3.19m NOK → -3.26m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC-SUNCARE INSTITUTE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -670.8k NOK → -66.6k NOK (net margin -466.4% → -52.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 143.8k NOK to 127.7k NOK (-11.2% YoY). Calculated
-
↓
Equity eroded
Book equity -3.19m NOK → -3.26m NOK (equity ratio -871.8% → -1148.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1148.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.10m NOK → 83.4k NOK (-92.5% YoY). Calculated