FirmaIQ
Org.nr 973 196 898 2012 → 2013 Year-over-year analysis

AKERSHUS HÅNDTVERKSTJENESTER AS: årsregnskap 2013 vs 2012

Shrank 21% on revenue, returned to profit, cash halved-plus

approved 2014-06-30; registry 2014-09-10; journal 2014 812823

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AKERSHUS HÅNDTVERKSTJENESTER AS. Revenue 10.63m NOK → 8.44m NOK (-20.6%). Net result -528.8k NOK → +359.3k NOK. Equity -537.9k NOK → -178.5k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS HÅNDTVERKSTJENESTER AS.

At a glance

Scorecard

Revenue
10.63m NOK 8.44m NOK
-20.6%
Operating result
-400.2k NOK +507.2k NOK
+226.7%
Net result
-528.8k NOK +359.3k NOK
+168.0%
Equity
-537.9k NOK -178.5k NOK
+66.8%
Cash
125.5k NOK 18.2k NOK
-85.5%
Total assets
3.34m NOK 3.26m NOK
-2.5%

What improved

  • ↑

    Operating result improved

    Operating result -400.2k NOK → +507.2k NOK (op. margin -3.8% → 6.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 528.8k NOK to a profit of 359.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -537.9k NOK → -178.5k NOK (equity ratio -16.1% → -5.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.65m NOK → 2.81m NOK (44% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.63m NOK to 8.44m NOK (-20.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 125.5k NOK → 18.2k NOK (-85.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 80.0k NOK → 130.0k NOK. Reported fact