ACCRUITY AS: årsregnskap 2013 vs 2012
Shrank 97% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACCRUITY AS. Revenue 1.91m NOK → 58.7k NOK (-96.9%). Net result +531.2k NOK → -701.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCRUITY AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 342.4k NOK → 125.2k NOK (18% → 213% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.91m NOK to 58.7k NOK (-96.9% YoY). Calculated
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↓
Operating result weakened
Operating result +186.7k NOK → -645.0k NOK (op. margin 9.8% → -1099.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 531.2k NOK profit to a loss of 701.3k NOK. Calculated
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↓
Cash fell
Bank deposits 70.4k NOK → 31.8k NOK (-54.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.00× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 11.82m NOK → 10 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6.41m NOK → 1.13m NOK. Reported fact