ACTIVE GOLF AS: årsregnskap 2013 vs 2012
Shrank 14% on revenue, cash halved-plus
approved 2014-06-02; registry 2014-06-19; journal 2014 475507
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACTIVE GOLF AS. Revenue 3.16m NOK → 2.72m NOK (-13.7%). Equity 239.5k NOK → 201.9k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE GOLF AS.
At a glance
Scorecard
Revenue
3.16m NOK
2.72m NOK
-13.7%
Equity
239.5k NOK
201.9k NOK
-15.7%
Cash
100.0k NOK
12.6k NOK
-87.4%
Total assets
762.7k NOK
483.3k NOK
-36.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.16m NOK to 2.72m NOK (-13.7% YoY). Calculated
-
↓
Equity eroded
Book equity 239.5k NOK → 201.9k NOK (equity ratio 31.4% → 41.8%). Calculated
-
↓
Cash fell
Bank deposits 100.0k NOK → 12.6k NOK (-87.4% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 2.24m NOK → 1.89m NOK (-15.6% YoY). Calculated