ADAX NORGE AS: årsregnskap 2013 vs 2012
Weaker earnings
approved 2014-03-03; registry 2014-04-09; journal 2014 349957
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADAX NORGE AS. Revenue 13.03m NOK → 12.92m NOK (-0.8%). Net result +583.8k NOK → +463.1k NOK. Equity 2.07m NOK → 2.53m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAX NORGE AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.07m NOK → 2.53m NOK (equity ratio 62.2% → 68.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 13.03m NOK to 12.92m NOK (-0.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +777.9k NOK → +584.9k NOK (op. margin 6.0% → 4.5%). Calculated
-
↓
Net result weakened
Net result +583.8k NOK → +463.1k NOK (net margin 4.5% → 3.6%). Calculated
-
↓
Cash fell
Bank deposits 757.0k NOK → 537.6k NOK (-29.0% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 9.20m NOK → 8.98m NOK (-2.4% YoY). Calculated