FirmaIQ
Org.nr 985 253 846 2011 → 2012 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2012 vs 2011

Grew 289% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AD NAVIGATION AS. Revenue 2.17m NOK → 8.44m NOK (+289.4%). Net result +317.3k NOK → +2.48m NOK. Equity -173.3k NOK → 2.30m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AD NAVIGATION AS.

At a glance

Scorecard

Revenue
2.17m NOK 8.44m NOK
+289.4%
Operating result
+727.3k NOK +3 703 NOK
-99.5%
Net result
+317.3k NOK +2.48m NOK
+680.8%
Equity
-173.3k NOK 2.30m NOK
+1429.6%
Total assets
11.07m NOK 9.94m NOK
-10.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.17m NOK to 8.44m NOK (+289.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +317.3k NOK → +2.48m NOK (net margin 14.6% → 29.4%). Calculated

  • ↑

    Equity strengthened

    Book equity -173.3k NOK → 2.30m NOK (equity ratio -1.6% → 23.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.29m NOK → 1.69m NOK (105% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +727.3k NOK → +3 703 NOK (op. margin 33.6% → 0.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.49m NOK → 5.08m NOK (+45.6% YoY). Calculated