Org.nr 985 267 421 2012 → 2013 Year-over-year analysis

ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2013 vs 2012

Grew 45865% on revenue, slipped into loss

approved 2014-06-30; registry 2014-09-09; journal 2014 799692

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ACCENDO PRODUKTUTVIKLING AS. Revenue 1 110 NOK → 510.2k NOK (+45865.2%). Net result +47.5k NOK → -432.6k NOK. Equity -187.1k NOK → -619.7k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.

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

Scorecard

Revenue
1 110 NOK 510.2k NOK
+45865.2%
Operating result
-29.4k NOK n/m
—
Net result
+47.5k NOK -432.6k NOK
-1010.8%
Equity
-187.1k NOK -619.7k NOK
-231.2%
Cash
53.3k NOK 38.2k NOK
-28.3%
Total assets
693.0k NOK 215.5k NOK
-68.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 110 NOK to 510.2k NOK (+45865.2% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 47.5k NOK profit to a loss of 432.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -187.1k NOK → -619.7k NOK (equity ratio -27.0% → -287.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 53.3k NOK → 38.2k NOK (-28.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -287.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation