VOW ASA: årsregnskap 2013 vs 2012
Slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for VOW ASA. Revenue 0 NOK → 169.97m NOK. Net result +7.49m NOK → -2.62m NOK. Equity 178.04m NOK → 175.42m NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
169.97m NOK
—
Net result
+7.49m NOK
-2.62m NOK
-135.0%
Equity
178.04m NOK
175.42m NOK
-1.5%
Cash
7 000 NOK
2 000 NOK
-71.4%
Total assets
222.0k NOK
222.95m NOK
+100313.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 169.97m NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 7.49m NOK profit to a loss of 2.62m NOK. Calculated
-
↓
Equity eroded
Book equity 178.04m NOK → 175.42m NOK (equity ratio 80187.5% → 78.7%). Calculated
-
↓
Cash fell
Bank deposits 7 000 NOK → 2 000 NOK (-71.4% YoY). Calculated