ADACC INTERNATIONAL AS: årsregnskap 2012 vs 2011
Shrank 79% on revenue, cash halved-plus
approved 2013-05-15; registry 2013-05-28; journal 2013 410662
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADACC INTERNATIONAL AS. Revenue 9.69m NOK → 1.99m NOK (-79.5%). Equity 417.9k NOK → 339.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
9.69m NOK
1.99m NOK
-79.5%
Equity
417.9k NOK
339.9k NOK
-18.7%
Cash
800.8k NOK
388.8k NOK
-51.4%
Total assets
4.17m NOK
3.35m NOK
-19.7%
What improved
-
↑
Payroll decreased
Salary cost 7.06m NOK → 1.93m NOK (73% → 97% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.69m NOK to 1.99m NOK (-79.5% YoY). Calculated
-
↓
Equity eroded
Book equity 417.9k NOK → 339.9k NOK (equity ratio 10.0% → 10.1%). Calculated
-
↓
Cash fell
Bank deposits 800.8k NOK → 388.8k NOK (-51.4% YoY). Calculated