Org.nr 996 324 524 2012 → 2013 Year-over-year analysis

ACTIVATE AS: årsregnskap 2013 vs 2012

Grew 23% on revenue

approved 2014-06-16; registry 2014-07-02; journal 2014 530817

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ACTIVATE AS. Revenue 5.28m NOK → 6.49m NOK (+22.9%). Equity 74.1k NOK → 6.18m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVATE AS.

At a glance

Revenue

5.28m NOK 6.49m NOK

+22.9%

Operating result

-5 356 NOK n/m

—

Equity

74.1k NOK 6.18m NOK

+8241.8%

Cash

254.5k NOK 1.61m NOK

+531.6%

Total assets

3.15m NOK 4.09m NOK

+29.8%

↑
Revenue rose

Operating income / revenue moved from 5.28m NOK to 6.49m NOK (+22.9% YoY). Calculated
↑
Equity strengthened

Book equity 74.1k NOK → 6.18m NOK (equity ratio 2.3% → 151.0%). Calculated
↑
Cash rose

Bank deposits 254.5k NOK → 1.61m NOK (+531.6% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.02× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 2.08m NOK → 2.93m NOK (39% → 45% of revenue). Calculated
·
COGS moved

COGS / varekostnad 2.18m NOK → 2.46m NOK (+12.8% YoY). Calculated