FirmaIQ
Org.nr 970 974 423 2012 → 2013 Year-over-year analysis

ACRYLICON MIDT- OG VEST- NORGE AS: årsregnskap 2013 vs 2012

Grew 14% on revenue, stronger earnings

approved 2014-03-07; registry 2014-04-19; journal 2014 357391

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ACRYLICON MIDT- OG VEST- NORGE AS. Revenue 29.72m NOK → 33.74m NOK (+13.5%). Net result +1.36m NOK → +2.43m NOK. Equity 4.57m NOK → 3.49m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACRYLICON MIDT- OG VEST- NORGE AS.

At a glance

Scorecard

Revenue
29.72m NOK 33.74m NOK
+13.5%
Operating result
+1.88m NOK +3.35m NOK
+78.5%
Net result
+1.36m NOK +2.43m NOK
+77.9%
Equity
4.57m NOK 3.49m NOK
-23.5%
Cash
2.24m NOK 5.01m NOK
+124.0%
Total assets
11.22m NOK 12.09m NOK
+7.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.72m NOK to 33.74m NOK (+13.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.88m NOK → +3.35m NOK (op. margin 6.3% → 9.9%). Calculated

  • ↑

    Net result improved

    Net result +1.36m NOK → +2.43m NOK (net margin 4.6% → 7.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.24m NOK → 5.01m NOK (+124.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.57m NOK → 3.49m NOK (equity ratio 40.7% → 28.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.66m NOK → 11.72m NOK (39% → 35% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.80m NOK → 11.98m NOK (+22.2% YoY). Calculated