ADVANCE BUSINESS PARTNER AS: årsregnskap 2013 vs 2012
Grew 30% on revenue, weaker earnings, cash halved-plus
approved 2014-04-11; registry 2014-06-10; journal 2014 444494
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVANCE BUSINESS PARTNER AS. Revenue 12.91m NOK → 16.79m NOK (+30.0%). Net result +77.4k NOK → +29.8k NOK. Equity 826.4k NOK → 856.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVANCE BUSINESS PARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.91m NOK to 16.79m NOK (+30.0% YoY). Calculated
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↑
Equity strengthened
Book equity 826.4k NOK → 856.1k NOK (equity ratio 30.6% → 25.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +104.9k NOK → +34.6k NOK (op. margin 0.8% → 0.2%). Calculated
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↓
Net result weakened
Net result +77.4k NOK → +29.8k NOK (net margin 0.6% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 694.5k NOK → 1 121 NOK (-99.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 325.6k NOK → 348.1k NOK (3% → 2% of revenue). Calculated