ADAPTIV ARKITEKTUR AS: årsregnskap 2013 vs 2012
Shrank 26% on revenue
approved 2014-06-30; registry 2014-08-27; journal 2014 715264
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADAPTIV ARKITEKTUR AS. Revenue 547.8k NOK → 405.6k NOK (-26.0%). Equity 66.0k NOK → -7 999 NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTIV ARKITEKTUR AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 268.1k NOK → 238.7k NOK (49% → 59% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 547.8k NOK to 405.6k NOK (-26.0% YoY). Calculated
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↓
Equity eroded
Book equity 66.0k NOK → -7 999 NOK (equity ratio 33.3% → -5.7%). Calculated
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↓
Cash fell
Bank deposits 107.9k NOK → 76.5k NOK (-29.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation