NOFENCE AS: årsregnskap 2013 vs 2012
Weaker earnings, fresh owner capital
approved 2014-06-23; registry 2014-07-03; journal 2014 539295
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for NOFENCE AS. Revenue 80.0k NOK → 78.3k NOK (-2.1%). Net result -122.3k NOK → -148.5k NOK. Equity 675.0k NOK → 306.5k NOK.
On the constructive side: 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
-
↑
Cash rose
Bank deposits 85.4k NOK → 533.9k NOK (+525.4% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.19m NOK → 1.97m NOK (+780.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 80.0k NOK to 78.3k NOK (-2.1% YoY). Calculated
-
↓
Operating result weakened
Operating result -171.7k NOK → -197.5k NOK (op. margin -214.6% → -252.2%). Calculated
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↓
Net result weakened
Net result -122.3k NOK → -148.5k NOK (net margin -152.9% → -189.6%). Calculated
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↓
Equity eroded
Book equity 675.0k NOK → 306.5k NOK (equity ratio 90.4% → 70.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 102.6k NOK → 119.5k NOK (128% → 153% of revenue). Calculated