FirmaIQ
Org.nr 997 505 646 2012 → 2013 Year-over-year analysis

AJ OFFSHORE AS: årsregnskap 2013 vs 2012

Grew 5001% on revenue

approved 2014-02-20; registry 2014-05-17; journal 2014 400219

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AJ OFFSHORE AS. Revenue 47.5k NOK → 2.43m NOK (+5001.4%). Net result +634.4k NOK → +635.0k NOK. Equity 912.4k NOK → 1.55m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AJ OFFSHORE AS.

At a glance

Scorecard

Revenue
47.5k NOK 2.43m NOK
+5001.4%
Operating result
+881.4k NOK +883.6k NOK
+0.2%
Net result
+634.4k NOK +635.0k NOK
+0.1%
Equity
912.4k NOK 1.55m NOK
+69.6%
Cash
995.5k NOK 858.8k NOK
-13.7%
Total assets
577.8k NOK 2.27m NOK
+293.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 47.5k NOK to 2.43m NOK (+5001.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +881.4k NOK → +883.6k NOK (op. margin 1854.2% → 36.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 912.4k NOK → 1.55m NOK (equity ratio 157.9% → 68.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.61× → 2.97×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 995.5k NOK → 858.8k NOK (-13.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 839.8k NOK → 1.21m NOK (1767% → 50% of revenue). Calculated