ADB OSLO PRIVATE TANNLEGEVAKT AS: årsregnskap 2013 vs 2012
Grew 6% on revenue, stronger earnings
approved 2014-04-10; registry 2014-05-15; journal 2014 399188
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADB OSLO PRIVATE TANNLEGEVAKT AS. Revenue 5.84m NOK → 6.20m NOK (+6.3%). Net result +49.4k NOK → +169.3k NOK. Equity 1.08m NOK → 400.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADB OSLO PRIVATE TANNLEGEVAKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.84m NOK to 6.20m NOK (+6.3% YoY). Calculated
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↑
Operating result improved
Operating result +43.8k NOK → +161.0k NOK (op. margin 0.7% → 2.6%). Calculated
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↑
Net result improved
Net result +49.4k NOK → +169.3k NOK (net margin 0.8% → 2.7%). Calculated
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Cash rose
Bank deposits 203.0k NOK → 585.2k NOK (+188.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.08m NOK → 400.3k NOK (equity ratio 45.2% → 18.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.22× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.08m NOK → 2.38m NOK (36% → 38% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.14m NOK → 2.16m NOK (+0.8% YoY). Calculated