FirmaIQ
Org.nr 938 371 547 2012 → 2013 Year-over-year analysis

ADAM OG EVA SKOLEN AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2014-06-05; registry 2014-08-13; journal 2014 649361

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADAM OG EVA SKOLEN AS. Revenue 9.58m NOK → 9 664 NOK (-99.9%). Net result +2.15m NOK → +1.38m NOK. Equity 845.4k NOK → 541.8k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADAM OG EVA SKOLEN AS.

At a glance

Scorecard

Revenue
9.58m NOK 9 664 NOK
-99.9%
Operating result
+2.88m NOK +1.91m NOK
-33.4%
Net result
+2.15m NOK +1.38m NOK
-35.8%
Equity
845.4k NOK 541.8k NOK
-35.9%
Cash
1.07m NOK 466.5k NOK
-56.5%
Total assets
7.90m NOK 9.30m NOK
+17.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.58m NOK to 9 664 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.88m NOK → +1.91m NOK (op. margin 30.0% → 19810.9%). Calculated

  • ↓

    Net result weakened

    Net result +2.15m NOK → +1.38m NOK (net margin 22.4% → 14255.1%). Calculated

  • ↓

    Equity eroded

    Book equity 845.4k NOK → 541.8k NOK (equity ratio 10.7% → 5.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.07m NOK → 466.5k NOK (-56.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 66.9k NOK → 112.1k NOK. Reported fact