FirmaIQ
Org.nr 996 494 225 2012 → 2013 Year-over-year analysis

AD PROSJEKT BYGG AS: årsregnskap 2013 vs 2012

Shrank 8% on revenue, weaker earnings

approved 2014-06-18; registry 2014-08-11; journal 2014 645065

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AD PROSJEKT BYGG AS. Revenue 16.22m NOK → 14.86m NOK (-8.4%). Net result +2.10m NOK → +2 460 NOK. Equity -1.39m NOK → 100.0k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD PROSJEKT BYGG AS.

At a glance

Scorecard

Revenue
16.22m NOK 14.86m NOK
-8.4%
Operating result
+2.10m NOK +2 719 NOK
-99.9%
Net result
+2.10m NOK +2 460 NOK
-99.9%
Equity
-1.39m NOK 100.0k NOK
+107.2%
Cash
438.0k NOK 466.3k NOK
+6.4%
Total assets
2.36m NOK 8.96m NOK
+280.1%

What improved

  • ↑

    Equity strengthened

    Book equity -1.39m NOK → 100.0k NOK (equity ratio -58.9% → 1.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 438.0k NOK → 466.3k NOK (+6.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.63× → 1.03×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.41m NOK → 1.33m NOK (15% → 9% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.22m NOK to 14.86m NOK (-8.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.10m NOK → +2 719 NOK (op. margin 13.0% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +2.10m NOK → +2 460 NOK (net margin 12.9% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.43m NOK → 10.08m NOK (-30.1% YoY). Calculated