AI BUSINESS LAB AS: årsregnskap 2013 vs 2012
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AI BUSINESS LAB AS. Revenue 23.68m NOK → 24.13m NOK (+1.9%). Net result +2.94m NOK → +4.58m NOK. Equity 3.60m NOK → 4.52m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AI BUSINESS LAB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.68m NOK to 24.13m NOK (+1.9% YoY). Calculated
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Operating result improved
Operating result +1.38m NOK → +4.43m NOK (op. margin 5.8% → 18.4%). Calculated
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Net result improved
Net result +2.94m NOK → +4.58m NOK (net margin 12.4% → 19.0%). Calculated
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↑
Equity strengthened
Book equity 3.60m NOK → 4.52m NOK (equity ratio 31.4% → 28.2%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 3.99× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost -15.98m NOK → -13.29m NOK (-67% → -55% of revenue). Calculated
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·
COGS fell
COGS / varekostnad -18.56m NOK → -27.29m NOK (-47.1% YoY). Calculated