Org.nr 921 711 182 2012 → 2013 Year-over-year analysis

ACNIELSEN NORGE AS: årsregnskap 2013 vs 2012

Stronger earnings

approved 2014-09-29; registry 2014-10-23; journal 2014 868090

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ACNIELSEN NORGE AS. Revenue 182.55m NOK → 181.08m NOK (-0.8%). Net result +260.00m NOK → +740.00m NOK. Equity 70.11m NOK → -299.35m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACNIELSEN NORGE AS.

Scorecard

Revenue
182.55m NOK 181.08m NOK
-0.8%
Operating result
+969.0k NOK +861.00m NOK
+88754.5%
Net result
+260.00m NOK +740.00m NOK
+184.6%
Equity
70.11m NOK -299.35m NOK
-527.0%
Cash
19.57m NOK 24.47m NOK
+25.0%
Total assets
771.49m NOK 426.25m NOK
-44.7%

What improved

  • ↑

    Operating result improved

    Operating result +969.0k NOK → +861.00m NOK (op. margin 0.5% → 475.5%). Calculated

  • ↑

    Net result improved

    Net result +260.00m NOK → +740.00m NOK (net margin 142.4% → 408.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.57m NOK → 24.47m NOK (+25.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 182.55m NOK to 181.08m NOK (-0.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 70.11m NOK → -299.35m NOK (equity ratio 9.1% → -70.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.22× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -70.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 6.52bn NOK → -299.35m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 000 NOK → 366.82m NOK. Reported fact