Org.nr 989 001 906 2012 → 2013 Year-over-year analysis

HHK HOLDING & CONSULTING AS: årsregnskap 2013 vs 2012

Shrank 15% on revenue

approved 2014-05-19; registry 2014-06-25; journal 2014 504126

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for HHK HOLDING & CONSULTING AS. Revenue 2.03m NOK → 1.72m NOK (-15.5%). Equity 8.58m NOK → 10.64m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HHK HOLDING & CONSULTING AS.

At a glance

Revenue

2.03m NOK 1.72m NOK

-15.5%

Equity

8.58m NOK 10.64m NOK

+24.0%

Cash

2.33m NOK 2.42m NOK

+3.8%

Total assets

10.78m NOK 11.52m NOK

+6.8%

↑
Equity strengthened

Book equity 8.58m NOK → 10.64m NOK (equity ratio 79.6% → 92.3%). Calculated
↑
Cash rose

Bank deposits 2.33m NOK → 2.42m NOK (+3.8% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.03m NOK to 1.72m NOK (-15.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 012 NOK → 814.7k NOK (0% → 47% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 4.54m NOK → 5.49m NOK. Reported fact