BEVEST ASA: årsregnskap 2013 vs 2012
Shrank 100% on revenue, cash halved-plus
approved 2014-05-07; registry 2014-06-25; journal 2014 503934
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for BEVEST ASA. Revenue 288.0k NOK → 354 NOK (-99.9%). Equity 82.01m NOK → 81.32m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for BEVEST ASA.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 150.0k NOK → 178 NOK (52% → 50% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 288.0k NOK to 354 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 82.01m NOK → 81.32m NOK (equity ratio 60.3% → 61.7%). Calculated
-
↓
Cash fell
Bank deposits 4.00m NOK → 1.36m NOK (-66.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.00m NOK → 1.36m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 84.06m NOK → 84.02m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 3.00m NOK → 2.83m NOK (-5.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 75.80m NOK → 12.2k NOK. Reported fact