Org.nr 992 313 641 2012 → 2013 Year-over-year analysis

AHK PROSJEKTERING AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue

approved 2014-06-20; registry 2014-08-05; journal 2014 628265

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AHK PROSJEKTERING AS. Revenue 952.0k NOK → 1 376 NOK (-99.9%). Equity 218.6k NOK → 40.7k NOK.

On the constructive side: cash rose. 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 AHK PROSJEKTERING AS.

At a glance

Revenue

952.0k NOK 1 376 NOK

-99.9%

Operating result

+446.7k NOK -158.8k NOK

-135.6%

Net result

n/m -177.8k NOK

—

Equity

218.6k NOK 40.7k NOK

-81.4%

Cash

92.8k NOK 3.13m NOK

+3274.0%

Total assets

380.3k NOK 626.2k NOK

+64.6%

↓
Revenue fell

Operating income / revenue moved from 952.0k NOK to 1 376 NOK (-99.9% YoY). Calculated
↓
Operating result weakened

Operating result +446.7k NOK → -158.8k NOK (op. margin 46.9% → -11542.8%). Calculated
↓
Equity eroded

Book equity 218.6k NOK → 40.7k NOK (equity ratio 57.5% → 6.5%). Calculated
↓
Payroll up without matching revenue

Salary cost 335.2k NOK → 1.21m NOK (35% → 88281% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation