ARRIBATEC GROUP ASA: årsregnskap 2013 vs 2012
Grew 66% on revenue
approved 2014-06-18; registry 2014-07-17; journal 2014 591470
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ARRIBATEC GROUP ASA. Revenue 13.26m NOK → 21.97m NOK (+65.7%). Equity 163.07m NOK → 216.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ARRIBATEC GROUP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.26m NOK to 21.97m NOK (+65.7% YoY). Calculated
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↑
Cash rose
Bank deposits 5.55m NOK → 6.16m NOK (+11.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -7.59m NOK → -14.91m NOK (op. margin -57.2% → -67.9%). Calculated
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↓
Equity eroded
Book equity 163.07m NOK → 216.7k NOK (equity ratio 75.5% → 79.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 89.09m NOK → 209.3k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 10.23m NOK → 18.14m NOK (77% → 83% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 160.6k NOK → 205.5k NOK. Reported fact