Org.nr 993 068 152 2012 → 2013 Year-over-year analysis

AGNEFESTVEIEN AS: årsregnskap 2013 vs 2012

Shrank 69% on revenue

approved 2014-04-10; registry 2014-04-22; journal 2014 358308

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGNEFESTVEIEN AS. Revenue 914.6k NOK → 282.0k NOK (-69.2%). Equity 503.7k NOK → 492.5k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

914.6k NOK 282.0k NOK

-69.2%

Operating result

+273.6k NOK +187.8k NOK

-31.4%

Net result

n/m -11.2k NOK

—

Equity

503.7k NOK 492.5k NOK

-2.2%

Cash

n/m 2 073 NOK

—

Total assets

7.06m NOK 7.68m NOK

+8.8%

↓
Revenue fell

Operating income / revenue moved from 914.6k NOK to 282.0k NOK (-69.2% YoY). Calculated
↓
Operating result weakened

Operating result +273.6k NOK → +187.8k NOK (op. margin 29.9% → 66.6%). Calculated
↓
Equity eroded

Book equity 503.7k NOK → 492.5k NOK (equity ratio 7.1% → 6.4%). Calculated

·
Thin equity buffer

Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation