Org.nr 952 169 483 2012 → 2013 Year-over-year analysis

AGS IT-PARTNER AS: årsregnskap 2013 vs 2012

Grew 7% on revenue

approved 2014-05-26; registry 2014-07-08; journal 2014 551516

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGS IT-PARTNER AS. Revenue 48.66m NOK → 51.98m NOK (+6.8%). Equity 5.70m NOK → 5.23m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.

At a glance

Revenue

48.66m NOK 51.98m NOK

+6.8%

Operating result

+578.7k NOK +374.5k NOK

-35.3%

Equity

5.70m NOK 5.23m NOK

-8.2%

Cash

1.21m NOK 3.38m NOK

+178.5%

Total assets

14.05m NOK 15.83m NOK

+12.7%

↑
Revenue rose

Operating income / revenue moved from 48.66m NOK to 51.98m NOK (+6.8% YoY). Calculated
↑
Cash rose

Bank deposits 1.21m NOK → 3.38m NOK (+178.5% YoY). Calculated

↓
Operating result weakened

Operating result +578.7k NOK → +374.5k NOK (op. margin 1.2% → 0.7%). Calculated
↓
Equity eroded

Book equity 5.70m NOK → 5.23m NOK (equity ratio 40.6% → 33.1%). Calculated

·
Payroll increased

Salary cost 14.97m NOK → 15.85m NOK (31% → 30% of revenue). Calculated
·
COGS moved

COGS / varekostnad 28.84m NOK → 30.69m NOK (+6.4% YoY). Calculated