ACCOUNTOR CREDIT GROUP AS: årsregnskap 2013 vs 2012
Grew 159% on revenue, stronger earnings
approved 2014-03-03; registry 2014-03-27; journal 2014 331113
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACCOUNTOR CREDIT GROUP AS. Revenue 75.7k NOK → 196.3k NOK (+159.4%). Net result -173.1k NOK → -110.1k NOK. Equity 7.06m NOK → 6.95m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 75.7k NOK to 196.3k NOK (+159.4% YoY). Calculated
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Operating result improved
Operating result -101.2k NOK → -37.9k NOK (op. margin -133.8% → -19.3%). Calculated
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Net result improved
Net result -173.1k NOK → -110.1k NOK (net margin -228.7% → -56.1%). Calculated
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Cash rose
Bank deposits 5 407 NOK → 26.0k NOK (+380.9% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.45× → 1.96×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 7.06m NOK → 6.95m NOK (equity ratio 72.3% → 70.8%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 58.2k NOK → 87.9k NOK (+50.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 9.75m NOK → 9.75m NOK. Reported fact