Org.nr 994 485 679 2011 → 2012 Year-over-year analysis

ADAPTA SALES AS: årsregnskap 2012 vs 2011

Shrank 44% on revenue, cash halved-plus

approved 2013-06-28; registry 2013-09-10; journal 2013 784380

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADAPTA SALES AS. Revenue 573.8k NOK → 320.0k NOK (-44.2%). Equity 11.4k NOK → 5 305 NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADAPTA SALES AS.

At a glance

Revenue

573.8k NOK 320.0k NOK

-44.2%

Equity

11.4k NOK 5 305 NOK

-53.4%

Cash

42.2k NOK 1 386 NOK

-96.7%

Total assets

364.5k NOK 362.0k NOK

-0.7%

↑
Payroll decreased

Salary cost 589.1k NOK → 256.5k NOK (103% → 80% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 573.8k NOK to 320.0k NOK (-44.2% YoY). Calculated
↓
Equity eroded

Book equity 11.4k NOK → 5 305 NOK (equity ratio 3.1% → 1.5%). Calculated
↓
Cash fell

Bank deposits 42.2k NOK → 1 386 NOK (-96.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 282.4k NOK → 318.3k NOK. Reported fact