AKB LIGHTING AS: årsregnskap 2013 vs 2012
Shrank 16% on revenue, returned to profit
approved 2014-08-05; registry 2014-08-07; journal 2014 634837
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AKB LIGHTING AS. Revenue 27.58m NOK → 23.27m NOK (-15.6%). Net result -630.6k NOK → +333.6k NOK. Equity 3.16m NOK → 3.26m NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKB LIGHTING AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 630.6k NOK to a profit of 333.6k NOK. Calculated
-
↑
Equity strengthened
Book equity 3.16m NOK → 3.26m NOK (equity ratio 22.0% → 26.5%). Calculated
-
↑
Payroll decreased
Salary cost 6.88m NOK → 1 NOK (25% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 27.58m NOK to 23.27m NOK (-15.6% YoY). Calculated
-
↓
Cash fell
Bank deposits 4.36m NOK → 4.30m NOK (-1.5% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 861.9k NOK → 140.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 15.51m NOK → 13.31m NOK (-14.2% YoY). Calculated