Org.nr 986 529 551 2012 → 2013 Year-over-year analysis

AKASTOR ASA: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-04-10; registry 2014-04-26; journal 2014 366218

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for AKASTOR ASA. Revenue 49.00m NOK → 48.00m NOK (-2.0%). Net result +2.25bn NOK → +1.26bn NOK. Equity 7.15bn NOK → 9.00bn NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKASTOR ASA.

Scorecard

Revenue
49.00m NOK 48.00m NOK
-2.0%
Operating result
n/m -83.00m NOK
—
Net result
+2.25bn NOK +1.26bn NOK
-44.1%
Equity
7.15bn NOK 9.00bn NOK
+25.9%
Cash
536.0k NOK 1.02m NOK
+90.9%
Total assets
23.84bn NOK 30.11bn NOK
+26.3%

What improved

  • ↑

    Equity strengthened

    Book equity 7.15bn NOK → 9.00bn NOK (equity ratio 30.0% → 29.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 536.0k NOK → 1.02m NOK (+90.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.89bn NOK → 4.89bn NOK (+3.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 49.00m NOK to 48.00m NOK (-2.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.25bn NOK → +1.26bn NOK (net margin 4589.8% → 2618.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 13.35bn NOK → 14.35bn NOK (27241% → 29885% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 19.91bn NOK → 20.00bn NOK (+0.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 17.21bn NOK → 17.73bn NOK. Reported fact