ADD VALUE AS: årsregnskap 2013 vs 2012
Grew 89763% on revenue, cash halved-plus
approved 2014-06-26; registry 2014-06-30; journal 2014 527285
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADD VALUE AS. Revenue 558 NOK → 501.4k NOK (+89762.7%). Equity 9.64m NOK → 11.40m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADD VALUE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 558 NOK to 501.4k NOK (+89762.7% YoY). Calculated
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↑
Equity strengthened
Book equity 9.64m NOK → 11.40m NOK (equity ratio 93.7% → 95.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +212.6k NOK → +13.4k NOK (op. margin 38098.4% → 2.7%). Calculated
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↓
Cash fell
Bank deposits 554.1k NOK → 138.6k NOK (-75.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.43× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7.24m NOK → 8.74m NOK. Reported fact