Org.nr 998 020 964 2012 → 2013 Year-over-year analysis

AK NORGE WIC AS: årsregnskap 2013 vs 2012

Stronger earnings, fresh owner capital

approved 2014-06-27; registry 2014-08-11; journal 2014 641190

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for AK NORGE WIC AS. Revenue 41.34m NOK → 41.66m NOK (+0.8%). Net result +317.9k NOK → +410.7k NOK. Equity 19.86m NOK → 22.27m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AK NORGE WIC AS.

Scorecard

Revenue
41.34m NOK 41.66m NOK
+0.8%
Net result
+317.9k NOK +410.7k NOK
+29.2%
Equity
19.86m NOK 22.27m NOK
+12.1%
Cash
2 330 NOK 1.33m NOK
+57080.2%
Total assets
48.35m NOK 41.53m NOK
-14.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.34m NOK to 41.66m NOK (+0.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +317.9k NOK → +410.7k NOK (net margin 0.8% → 1.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 19.86m NOK → 22.27m NOK (equity ratio 41.1% → 53.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 330 NOK → 1.33m NOK (+57080.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 17.6k NOK → 17.59m NOK (+17.57m NOK). Reported fact

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1465.69× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 11.2k NOK → 10.52m NOK (+93464.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 203.8k NOK → 64.4k NOK. Reported fact