AKER BRYGGE GRO AS: årsregnskap 2013 vs 2012
A steady year on the published lines
approved 2014-06-05; registry 2014-08-05; journal 2014 626975
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AKER BRYGGE GRO AS. Revenue 32.05m NOK → 32.73m NOK (+2.1%). Net result +2.46m NOK → +2.65m NOK. Equity 1.83m NOK → 1.07m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKER BRYGGE GRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.05m NOK to 32.73m NOK (+2.1% YoY). Calculated
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↑
Net result improved
Net result +2.46m NOK → +2.65m NOK (net margin 7.7% → 8.1%). Calculated
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↑
Cash rose
Bank deposits 6.50m NOK → 6.87m NOK (+5.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.83m NOK → 1.07m NOK (equity ratio 10.0% → 6.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 10.21m NOK → 10.37m NOK (32% → 32% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 9.01m NOK → 9.42m NOK (+4.6% YoY). Calculated