Org.nr 983 019 978 2012 → 2013 Year-over-year analysis

AKERSHAVE APARTMENTS AS: årsregnskap 2013 vs 2012

Grew 6% on revenue

approved 2014-04-01; registry 2014-04-29; journal 2014 371275

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AKERSHAVE APARTMENTS AS. Revenue 8.68m NOK → 9.19m NOK (+5.9%). Equity -12.95m NOK → -15.58m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKERSHAVE APARTMENTS AS.

At a glance

Revenue

8.68m NOK 9.19m NOK

+5.9%

Operating result

n/m +2 013 NOK

—

Equity

-12.95m NOK -15.58m NOK

-20.4%

Cash

0 NOK 0 NOK

0.0%

Total assets

4.07m NOK 1.54m NOK

-62.3%

↑
Revenue rose

Operating income / revenue moved from 8.68m NOK to 9.19m NOK (+5.9% YoY). Calculated
↑
Payroll decreased

Salary cost 1.78m NOK → 566.1k NOK (20% → 6% of revenue). Calculated

↓
Equity eroded

Book equity -12.95m NOK → -15.58m NOK (equity ratio -317.7% → -1014.7%). Calculated

·
Thin equity buffer

Equity ratio is -1014.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 179.7k NOK → 862.9k NOK (+380.3% YoY). Calculated