Org.nr 995 350 920 2012 → 2013 Year-over-year analysis

AK MARINE AS: årsregnskap 2013 vs 2012

Shrank 54% on revenue, cash halved-plus

approved 2014-03-25; registry 2014-08-30; journal 2014 727042

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AK MARINE AS. Revenue 5.44m NOK → 2.51m NOK (-53.9%). Equity 931.1k NOK → 493.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AK MARINE AS.

At a glance

Revenue

5.44m NOK 2.51m NOK

-53.9%

Equity

931.1k NOK 493.3k NOK

-47.0%

Cash

487.9k NOK 2 679 NOK

-99.5%

Total assets

3.38m NOK 1.99m NOK

-41.1%

↑
Payroll decreased

Salary cost 2.14m NOK → 1.06m NOK (39% → 42% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.44m NOK to 2.51m NOK (-53.9% YoY). Calculated
↓
Equity eroded

Book equity 931.1k NOK → 493.3k NOK (equity ratio 27.5% → 24.8%). Calculated
↓
Cash fell

Bank deposits 487.9k NOK → 2 679 NOK (-99.5% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 500.0k NOK → 250.0k NOK — check capital reduction, conversion, or reclassification. Interpretation