ACCOUNTOR VAT-SERVICE AS: årsregnskap 2013 vs 2012
Grew 15% on revenue
approved 2014-05-07; registry 2014-06-28; journal 2014 519182
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACCOUNTOR VAT-SERVICE AS. Revenue 2.13m NOK → 2.44m NOK (+14.7%). Equity 203.0k NOK → 155.5k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACCOUNTOR VAT-SERVICE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.13m NOK to 2.44m NOK (+14.7% YoY). Calculated
-
↑
Operating result improved
Operating result +661.1k NOK → +854.2k NOK (op. margin 31.0% → 35.0%). Calculated
-
↑
Cash rose
Bank deposits 404.8k NOK → 794.2k NOK (+96.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.00× → 15.19×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 203.0k NOK → 155.5k NOK (equity ratio 17088.0% → 7.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1.04m NOK → 1.48m NOK (49% → 61% of revenue). Calculated