FirmaIQ
Org.nr 966 962 429 2012 → 2013 Year-over-year analysis

ADCOM HOLDING AS: årsregnskap 2013 vs 2012

Grew 8% on revenue, weaker earnings

approved 2014-05-23; registry 2014-08-06; journal 2014 632239

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADCOM HOLDING AS. Revenue 2.47m NOK → 2.66m NOK (+7.6%). Net result +208.0k NOK → +90.8k NOK. Equity 1.67m NOK → 1.66m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADCOM HOLDING AS.

At a glance

Scorecard

Revenue
2.47m NOK 2.66m NOK
+7.6%
Operating result
+290.0k NOK +150.9k NOK
-48.0%
Net result
+208.0k NOK +90.8k NOK
-56.3%
Equity
1.67m NOK 1.66m NOK
-0.5%
Cash
65.3k NOK 1.01m NOK
+1441.2%
Total assets
2.00m NOK 2.13m NOK
+6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.47m NOK to 2.66m NOK (+7.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 65.3k NOK → 1.01m NOK (+1441.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +290.0k NOK → +150.9k NOK (op. margin 11.7% → 5.7%). Calculated

  • ↓

    Net result weakened

    Net result +208.0k NOK → +90.8k NOK (net margin 8.4% → 3.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.67m NOK → 1.66m NOK (equity ratio 83.4% → 78.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.06m NOK → 1.90m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 128.5k NOK → 151.2k NOK (5% → 6% of revenue). Calculated