Org.nr 997 877 098 2012 → 2013 Year-over-year analysis

AHMAD HARMOUCH AS: årsregnskap 2013 vs 2012

Grew 68% on revenue, weaker earnings

approved 2014-06-18; registry 2014-08-19; journal 2014 674468

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for AHMAD HARMOUCH AS. Revenue 24.47m NOK → 41.17m NOK (+68.2%). Net result +614.1k NOK → +310.5k NOK. Equity 114.2k NOK → 1.42m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AHMAD HARMOUCH AS.

Scorecard

Revenue
24.47m NOK 41.17m NOK
+68.2%
Operating result
+826.6k NOK +404.6k NOK
-51.1%
Net result
+614.1k NOK +310.5k NOK
-49.4%
Equity
114.2k NOK 1.42m NOK
+1147.9%
Cash
871.0k NOK 1.53m NOK
+76.1%
Total assets
521.7k NOK 4.61m NOK
+783.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.47m NOK to 41.17m NOK (+68.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 114.2k NOK → 1.42m NOK (equity ratio 21.9% → 30.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 871.0k NOK → 1.53m NOK (+76.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.13× → 1.07×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +826.6k NOK → +404.6k NOK (op. margin 3.4% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +614.1k NOK → +310.5k NOK (net margin 2.5% → 0.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 20.4k NOK → 34.58m NOK (+169175.7% YoY). Calculated