ACTIVITY CONSULT FOLDVIK & ANDERSEN AS: årsregnskap 2013 vs 2012
Weaker earnings
approved 2014-05-31; registry 2014-06-25; journal 2014 507136
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS. Revenue 37.4k NOK → 37.4k NOK (0.0%). Net result +68.4k NOK → +2 013 NOK. Equity -680.1k NOK → -748.5k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 39 NOK → 7 418 NOK (+18920.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1 228 NOK → -66.7k NOK (op. margin 3.3% → -178.4%). Calculated
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↓
Net result weakened
Net result +68.4k NOK → +2 013 NOK (net margin 182.9% → 5.4%). Calculated
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↓
Equity eroded
Book equity -680.1k NOK → -748.5k NOK (equity ratio -1407.0% → -4321.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost -31.9k NOK → 66.7k NOK (-85% → 178% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4321.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation