ACINI CAPITAL AS: årsregnskap 2013 vs 2012
Shrank 19% on revenue, stronger earnings
approved 2014-06-12; registry 2014-06-21; journal 2014 490220
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACINI CAPITAL AS. Revenue 13.99m NOK → 11.40m NOK (-18.5%). Net result +11.4k NOK → +17.69m NOK. Equity 56.43m NOK → 74.11m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACINI CAPITAL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +3.51m NOK → +4.12m NOK (op. margin 25.1% → 36.2%). Calculated
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↑
Net result improved
Net result +11.4k NOK → +17.69m NOK (net margin 0.1% → 155.1%). Calculated
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Equity strengthened
Book equity 56.43m NOK → 74.11m NOK (equity ratio 87.2% → 93.6%). Calculated
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Current ratio back above 1×
Current ratio 0.11× → 8.66×. Calculated
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Payroll decreased
Salary cost 2.92m NOK → 1.79m NOK (21% → 16% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.99m NOK to 11.40m NOK (-18.5% YoY). Calculated
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↓
Cash fell
Bank deposits 934.6k NOK → 827.3k NOK (-11.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.08m NOK → 4.91m NOK (-30.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4 NOK → 35.23m NOK. Reported fact