FirmaIQ
Org.nr 966 962 429 2011 → 2012 Year-over-year analysis

ADCOM HOLDING AS: årsregnskap 2012 vs 2011

Stronger earnings, cash halved-plus

approved 2013-03-11; registry 2013-04-17; journal 2013 343744

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADCOM HOLDING AS. Revenue 2.53m NOK → 2.47m NOK (-2.3%). Net result +99.5k NOK → +208.0k NOK. Equity 1.46m NOK → 1.67m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.53m NOK 2.47m NOK
-2.3%
Operating result
+141.1k NOK +290.0k NOK
+105.6%
Net result
+99.5k NOK +208.0k NOK
+108.9%
Equity
1.46m NOK 1.67m NOK
+14.2%
Cash
667.4k NOK 65.3k NOK
-90.2%
Total assets
1.77m NOK 2.00m NOK
+13.2%

What improved

  • ↑

    Operating result improved

    Operating result +141.1k NOK → +290.0k NOK (op. margin 5.6% → 11.7%). Calculated

  • ↑

    Net result improved

    Net result +99.5k NOK → +208.0k NOK (net margin 3.9% → 8.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.46m NOK → 1.67m NOK (equity ratio 82.6% → 83.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 4.41×. Calculated

  • ↑

    Payroll decreased

    Salary cost 136.9k NOK → 128.5k NOK (5% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.53m NOK to 2.47m NOK (-2.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 667.4k NOK → 65.3k NOK (-90.2% YoY). Calculated