FirmaIQ
Org.nr 912 240 207 2012 → 2013 Year-over-year analysis

AGNAR HAGEN AS: årsregnskap 2013 vs 2012

Shrank 10% on revenue, slipped into loss

approved 2014-05-20; registry 2014-06-03; journal 2014 431613

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGNAR HAGEN AS. Revenue 26.68m NOK → 24.10m NOK (-9.7%). Net result +184.9k NOK → -18.2k NOK. Equity 4.89m NOK → 4.87m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGNAR HAGEN AS.

At a glance

Scorecard

Revenue
26.68m NOK 24.10m NOK
-9.7%
Operating result
+904.8k NOK +789.2k NOK
-12.8%
Net result
+184.9k NOK -18.2k NOK
-109.8%
Equity
4.89m NOK 4.87m NOK
-0.4%
Cash
311.6k NOK 262.7k NOK
-15.7%
Total assets
18.09m NOK 17.67m NOK
-2.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 7.76m NOK → 5.74m NOK (29% → 24% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 26.68m NOK to 24.10m NOK (-9.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +904.8k NOK → +789.2k NOK (op. margin 3.4% → 3.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 184.9k NOK profit to a loss of 18.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.89m NOK → 4.87m NOK (equity ratio 27.0% → 27.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 311.6k NOK → 262.7k NOK (-15.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.03m NOK → 12.54m NOK (-3.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12.6k NOK → 1 000 NOK. Reported fact