AH UTVIKLING AS: årsregnskap 2013 vs 2012
Grew 67% on revenue, stronger earnings
approved 2014-06-19; registry 2014-06-25; journal 2014 503762
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AH UTVIKLING AS. Revenue 173.5k NOK → 289.2k NOK (+66.7%). Net result -271.5k NOK → -99.1k NOK. Equity -157.3k NOK → -256.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH UTVIKLING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 173.5k NOK to 289.2k NOK (+66.7% YoY). Calculated
-
↑
Operating result improved
Operating result -158.3k NOK → +14.6k NOK (op. margin -91.2% → 5.0%). Calculated
-
↑
Net result improved
Net result -271.5k NOK → -99.1k NOK (net margin -156.5% → -34.3%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -157.3k NOK → -256.4k NOK (equity ratio -4.9% → -9.1%). Calculated
-
↓
Cash fell
Bank deposits 691.3k NOK → 362.2k NOK (-47.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation