FirmaIQ
Org.nr 988 578 932 2012 → 2013 Year-over-year analysis

SMARTDOK AS: årsregnskap 2013 vs 2012

Grew 16% on revenue, stronger earnings

approved 26.06.2014; registry 03.07.2014; journal 2014 537256

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for SMARTDOK AS. Revenue 9.14m NOK → 10.57m NOK (+15.6%). Net result +1.98m NOK → +2.40m NOK. Equity 1.94m NOK → 1.54m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for SMARTDOK AS.

At a glance

Scorecard

Revenue
9.14m NOK 10.57m NOK
+15.6%
Operating result
+2.49m NOK +2.18m NOK
-12.4%
Net result
+1.98m NOK +2.40m NOK
+21.1%
Equity
1.94m NOK 1.54m NOK
-20.5%
Cash
3.11m NOK 5.19m NOK
+67.0%
Total assets
5.37m NOK 8.46m NOK
+57.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.14m NOK to 10.57m NOK (+15.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.98m NOK → +2.40m NOK (net margin 21.7% → 22.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.11m NOK → 5.19m NOK (+67.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.49m NOK → +2.18m NOK (op. margin 27.2% → 20.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.94m NOK → 1.54m NOK (equity ratio 36.2% → 18.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.54m NOK → 5.02m NOK (39% → 47% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 764.2k NOK → 520.3k NOK (-31.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 8. Reported fact