KEEP EXPANDING AS: årsregnskap 2013 vs 2012
Shrank 100% on revenue, weaker earnings
approved 2014-04-04; registry 2014-06-19; journal 2014 470182
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for KEEP EXPANDING AS. Revenue 2.48m NOK → 1 544 NOK (-99.9%). Net result +418.6k NOK → +2 013 NOK. Equity 417.3k NOK → 496.1k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for KEEP EXPANDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 417.3k NOK → 496.1k NOK (equity ratio 46.7% → 60.0%). Calculated
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↑
Payroll decreased
Salary cost 1.96m NOK → 723.7k NOK (79% → 46871% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.48m NOK to 1 544 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +594.1k NOK → +123.2k NOK (op. margin 23.9% → 7980.9%). Calculated
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↓
Net result weakened
Net result +418.6k NOK → +2 013 NOK (net margin 16.8% → 130.4%). Calculated
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↓
Cash fell
Bank deposits 619.8k NOK → 357.9k NOK (-42.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 151.6k NOK → 182.5k NOK (+20.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 20.0k NOK → 30.0k NOK. Reported fact