AD METAM AS: årsregnskap 2012 vs 2011
Grew 6% on revenue, cash halved-plus
approved 2013-06-26; registry 2013-08-17; journal 2013 640727
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AD METAM AS. Revenue 32.19m NOK → 34.18m NOK (+6.2%). Equity 4.69m NOK → 6.62m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for AD METAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.19m NOK to 34.18m NOK (+6.2% YoY). Calculated
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↑
Equity strengthened
Book equity 4.69m NOK → 6.62m NOK (equity ratio 35.6% → 46.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.53m NOK → 408.8k NOK (-73.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.53m NOK → 408.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 8.27m NOK → 10.04m NOK (26% → 29% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 17.17m NOK → 16.26m NOK (-5.4% YoY). Calculated