Org.nr 965 950 044 2012 → 2013 Year-over-year analysis

AGILE EXECUTIVE SEARCH AS: årsregnskap 2013 vs 2012

Shrank 37% on revenue, cash halved-plus

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGILE EXECUTIVE SEARCH AS. Revenue 9.84m NOK → 6.21m NOK (-37.0%). Equity 1.96m NOK → 1.95m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGILE EXECUTIVE SEARCH AS.

At a glance

Revenue

9.84m NOK 6.21m NOK

-37.0%

Operating result

+3.22m NOK -171.2k NOK

-105.3%

Net result

n/m -7 324 NOK

—

Equity

1.96m NOK 1.95m NOK

-0.4%

Cash

2.49m NOK 1.15m NOK

-53.6%

Total assets

6.86m NOK 3.83m NOK

-44.1%

↑
Payroll decreased

Salary cost 4.93m NOK → 4.76m NOK (50% → 77% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.84m NOK to 6.21m NOK (-37.0% YoY). Calculated
↓
Operating result weakened

Operating result +3.22m NOK → -171.2k NOK (op. margin 32.7% → -2.8%). Calculated
↓
Equity eroded

Book equity 1.96m NOK → 1.95m NOK (equity ratio 28.6% → 51.0%). Calculated
↓
Cash fell

Bank deposits 2.49m NOK → 1.15m NOK (-53.6% YoY). Calculated
↓
COGS moved

COGS / varekostnad 147.5k NOK → 189.8k NOK (+28.6% YoY). Calculated

·
Book investments changed

Investment / intangible book value 332.5k NOK → 150.8k NOK. Reported fact