FirmaIQ
Org.nr 880 109 812 2012 → 2013 Year-over-year analysis

AGORA AS: årsregnskap 2013 vs 2012

Stronger earnings

approved 2014-06-27; registry 2014-08-23; journal 2014 697469

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGORA AS. Revenue 12.98m NOK → 12.83m NOK (-1.2%). Net result +786.4k NOK → +5.58m NOK. Equity 882.5k NOK → 860.3k NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGORA AS.

At a glance

Scorecard

Revenue
12.98m NOK 12.83m NOK
-1.2%
Operating result
n/m +812.9k NOK
—
Net result
+786.4k NOK +5.58m NOK
+609.3%
Equity
882.5k NOK 860.3k NOK
-2.5%
Cash
1.38m NOK 1.80m NOK
+30.4%
Total assets
3.46m NOK 2.59m NOK
-25.1%

What improved

  • ↑

    Net result improved

    Net result +786.4k NOK → +5.58m NOK (net margin 6.1% → 43.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.38m NOK → 1.80m NOK (+30.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.98m NOK to 12.83m NOK (-1.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 882.5k NOK → 860.3k NOK (equity ratio 25.5% → 33.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 5.99m NOK (0% → 47% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.78m NOK → 4.50m NOK (-6.0% YoY). Calculated