Org.nr 995 179 377 2012 → 2013 Year-over-year analysis

ADAL MULTISERVICE AS: årsregnskap 2013 vs 2012

Grew 16% on revenue

approved 2014-06-15; registry 2014-08-29; journal 2014 721670

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADAL MULTISERVICE AS. Revenue 9.81m NOK → 11.41m NOK (+16.3%). Equity 213.0k NOK → 100.1k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADAL MULTISERVICE AS.

At a glance

Revenue

9.81m NOK 11.41m NOK

+16.3%

Operating result

+563.9k NOK +986.1k NOK

+74.9%

Net result

n/m +610.3k NOK

—

Equity

213.0k NOK 100.1k NOK

-53.0%

Cash

35.6k NOK 81.3k NOK

+128.3%

Total assets

2.13m NOK 5.47m NOK

+156.8%

↑
Revenue rose

Operating income / revenue moved from 9.81m NOK to 11.41m NOK (+16.3% YoY). Calculated
↑
Operating result improved

Operating result +563.9k NOK → +986.1k NOK (op. margin 5.8% → 8.6%). Calculated
↑
Cash rose

Bank deposits 35.6k NOK → 81.3k NOK (+128.3% YoY). Calculated

↓
Equity eroded

Book equity 213.0k NOK → 100.1k NOK (equity ratio 10.0% → 1.8%). Calculated

·
Thin equity buffer

Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 1.17m NOK → 1.23m NOK (12% → 11% of revenue). Calculated