FirmaIQ
Org.nr 994 855 387 2011 → 2012 Year-over-year analysis

AD UNDAS AS: årsregnskap 2012 vs 2011

Shrank 5% on revenue, fresh owner capital

approved 2013-06-12; registry 2013-07-17; journal 2013 571790

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AD UNDAS AS. Revenue 7.16m NOK → 6.78m NOK (-5.3%). Equity 91.6k NOK → 57.9k NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AD UNDAS AS.

At a glance

Scorecard

Revenue
7.16m NOK 6.78m NOK
-5.3%
Equity
91.6k NOK 57.9k NOK
-36.8%
Cash
540.4k NOK 771.7k NOK
+42.8%
Total assets
2.41m NOK 2.57m NOK
+6.4%

What improved

  • ↑

    Cash rose

    Bank deposits 540.4k NOK → 771.7k NOK (+42.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 422.0k NOK → 638.2k NOK (+216.2k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.16m NOK to 6.78m NOK (-5.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 91.6k NOK → 57.9k NOK (equity ratio 3.8% → 2.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.16m NOK → 4.21m NOK (-18.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 17.7k NOK → 8 075 NOK. Reported fact