FirmaIQ
Org.nr 992 299 134 2012 → 2013 Year-over-year analysis

AKA ÅSSIDEN EIENDOM AS: årsregnskap 2013 vs 2012

Grew 12% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AKA ÅSSIDEN EIENDOM AS. Revenue 4.49m NOK → 5.02m NOK (+11.9%). Net result +2.25m NOK → +2.80m NOK. Equity 11.02m NOK → 11.19m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKA ÅSSIDEN EIENDOM AS.

At a glance

Scorecard

Revenue
4.49m NOK 5.02m NOK
+11.9%
Operating result
+3.41m NOK +4.26m NOK
+24.9%
Net result
+2.25m NOK +2.80m NOK
+24.3%
Equity
11.02m NOK 11.19m NOK
+1.5%
Total assets
31.30m NOK 30.61m NOK
-2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.49m NOK to 5.02m NOK (+11.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.41m NOK → +4.26m NOK (op. margin 75.9% → 84.7%). Calculated

  • ↑

    Net result improved

    Net result +2.25m NOK → +2.80m NOK (net margin 50.1% → 55.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.02m NOK → 11.19m NOK (equity ratio 35.2% → 36.5%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.68× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 193.0k NOK → 11.38m NOK. Reported fact