ULSTEIN GROUP ASA: årsregnskap 2013 vs 2012
Grew 11% on revenue, weaker earnings
approved 2014-04-29; registry 2014-09-10; journal 2014 801440
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ULSTEIN GROUP ASA. Revenue 61.35m NOK → 67.97m NOK (+10.8%). Net result +138.37m NOK → +309.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ULSTEIN GROUP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 61.35m NOK to 67.97m NOK (+10.8% YoY). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 642.5k NOK (None YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +228.04m NOK → -5.04m NOK (op. margin 371.7% → -7.4%). Calculated
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↓
Net result weakened
Net result +138.37m NOK → +309.9k NOK (net margin 225.6% → 0.5%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 273.7k NOK → 133.35m NOK (+48624.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.33bn NOK → 1.62bn NOK. Reported fact