ACME BUSS AS: årsregnskap 2013 vs 2012
Grew 66% on revenue, returned to profit
approved 2014-06-26; registry 2014-08-19; journal 2014 672952
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACME BUSS AS. Revenue 3.66m NOK → 6.07m NOK (+65.7%). Net result -290.3k NOK → +120.4k NOK. Equity 21.9k NOK → 417.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACME BUSS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.66m NOK to 6.07m NOK (+65.7% YoY). Calculated
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Operating result improved
Operating result -248.9k NOK → +232.9k NOK (op. margin -6.8% → 3.8%). Calculated
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Turned profitable
Net result flipped from a loss of 290.3k NOK to a profit of 120.4k NOK. Calculated
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Equity strengthened
Book equity 21.9k NOK → 417.8k NOK (equity ratio 14.8% → 9.6%). Calculated
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Cash rose
Bank deposits 6 321 NOK → 126.2k NOK (+1896.6% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.94m NOK → 2.06m NOK (53% → 34% of revenue). Calculated
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COGS moved
COGS / varekostnad 377.2k NOK → 407.1k NOK (+7.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 50.0k NOK → 230.8k NOK. Reported fact