AK BETONG AS: årsregnskap 2013 vs 2012
Grew 35% on revenue
approved 2014-06-30; registry 2014-08-07; journal 2014 636813
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AK BETONG AS. Revenue 2.05m NOK → 2.77m NOK (+35.3%). Equity 783.8k NOK → 605.0k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AK BETONG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.05m NOK to 2.77m NOK (+35.3% YoY). Calculated
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↑
Operating result improved
Operating result +58.4k NOK → +320.1k NOK (op. margin 2.9% → 11.5%). Calculated
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↑
Cash rose
Bank deposits 343.8k NOK → 726.1k NOK (+111.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 783.8k NOK → 605.0k NOK (equity ratio 58.9% → 34.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.04× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 715.5k NOK → 980.6k NOK (35% → 35% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 706.4k NOK → 147.2k NOK (-79.2% YoY). Calculated