LIFECARE ASA: årsregnskap 2013 vs 2012
Shrank 38% on revenue, weaker earnings, fresh owner capital
approved 2014-06-17; registry 2014-06-25; journal 2014 503826
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for LIFECARE ASA. Revenue 574.8k NOK → 358.7k NOK (-37.6%). Net result -67.5k NOK → -1.81m NOK. Equity -1.42m NOK → 7.23m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -1.42m NOK → 7.23m NOK (equity ratio -378.8% → 3948.4%). Calculated
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↑
Cash rose
Bank deposits 61.2k NOK → 618.0k NOK (+909.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 8.54m NOK → 12.00m NOK (+3.46m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 574.8k NOK to 358.7k NOK (-37.6% YoY). Calculated
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↓
Operating result weakened
Operating result -60.4k NOK → -1.83m NOK (op. margin -10.5% → -511.2%). Calculated
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↓
Net result weakened
Net result -67.5k NOK → -1.81m NOK (net margin -11.7% → -505.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 251 NOK → 251.0k NOK (0% → 70% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 286.5k NOK → 553.7k NOK (+93.3% YoY). Calculated