Org.nr 910 681 761 2012 → 2013 Year-over-year analysis

ADOLPH BERGSVEI 58 AS: årsregnskap 2013 vs 2012

Slipped into loss

approved 2014-02-17; registry 2014-07-08; journal 2014 554774

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADOLPH BERGSVEI 58 AS. Revenue 0 NOK → 1 146 NOK. Net result +18.1k NOK → -119.3k NOK. Equity 2.28m NOK → 2.16m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.

Scorecard

Revenue
0 NOK 1 146 NOK
—
Operating result
+33.4k NOK +633.0k NOK
+1794.3%
Net result
+18.1k NOK -119.3k NOK
-757.4%
Equity
2.28m NOK 2.16m NOK
-5.2%
Cash
10.2k NOK 89.3k NOK
+775.5%
Total assets
25.02m NOK 24.89m NOK
-0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 1 146 NOK. Calculated

  • ↑

    Operating result improved

    Operating result +33.4k NOK → +633.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 10.2k NOK → 89.3k NOK (+775.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.51× → 1.24×. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 18.1k NOK profit to a loss of 119.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.28m NOK → 2.16m NOK (equity ratio 9.1% → 8.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation