FirmaIQ
Org.nr 983 445 470 2012 → 2013 Year-over-year analysis

AKERSHUS BOLIG OG SPARING AS: årsregnskap 2013 vs 2012

Grew 16% on revenue, weaker earnings, cash halved-plus

approved 2014-06-30; registry 2014-09-04; journal 2014 769687

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AKERSHUS BOLIG OG SPARING AS. Revenue 1.29m NOK → 1.49m NOK (+15.7%). Net result +126.0k NOK → +79.1k NOK. Equity 1.52m NOK → 1.60m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS BOLIG OG SPARING AS.

At a glance

Scorecard

Revenue
1.29m NOK 1.49m NOK
+15.7%
Operating result
+817.16m NOK +746.5k NOK
-99.9%
Net result
+126.0k NOK +79.1k NOK
-37.2%
Equity
1.52m NOK 1.60m NOK
+5.2%
Cash
391.2k NOK 136.2k NOK
-65.2%
Total assets
15.79m NOK 17.54m NOK
+11.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.29m NOK to 1.49m NOK (+15.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.52m NOK → 1.60m NOK (equity ratio 9.6% → 9.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +817.16m NOK → +746.5k NOK (op. margin 63563.6% → 50.2%). Calculated

  • ↓

    Net result weakened

    Net result +126.0k NOK → +79.1k NOK (net margin 9.8% → 5.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 391.2k NOK → 136.2k NOK (-65.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.18× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation