FirmaIQ
Org.nr 990 067 686 2012 → 2013 Year-over-year analysis

ACCRETION AS: årsregnskap 2013 vs 2012

Grew 38% on revenue

approved 2014-04-03; registry 2014-08-30; journal 2014 735494

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ACCRETION AS. Revenue 1.59m NOK → 2.19m NOK (+37.5%). Equity 4.25m NOK → 5.13m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCRETION AS.

At a glance

Scorecard

Revenue
1.59m NOK 2.19m NOK
+37.5%
Operating result
+638.9k NOK +1 193 NOK
-99.8%
Equity
4.25m NOK 5.13m NOK
+20.9%
Cash
648.0k NOK 719.5k NOK
+11.0%
Total assets
4.64m NOK 5.68m NOK
+22.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.59m NOK to 2.19m NOK (+37.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.25m NOK → 5.13m NOK (equity ratio 91.5% → 90.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 648.0k NOK → 719.5k NOK (+11.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +638.9k NOK → +1 193 NOK (op. margin 40.2% → 0.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 878.1k NOK → 4.89m NOK (55% → 224% of revenue). Calculated