ADDBRAND NORWAY AS: årsregnskap 2013 vs 2012
Shrank 100% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADDBRAND NORWAY AS. Revenue 56.72m NOK → 4 NOK (-100.0%). Net result +966.6k NOK → +173.5k NOK. Equity 33.18m NOK → 34.35m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 33.18m NOK → 34.35m NOK (equity ratio 75.4% → 77.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 56.72m NOK to 4 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -2.44m NOK → -2.54m NOK (op. margin -4.3% → -63586050.0%). Calculated
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↓
Net result weakened
Net result +966.6k NOK → +173.5k NOK (net margin 1.7% → 4336725.0%). Calculated
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↓
Cash fell
Bank deposits 1.34m NOK → 1.09m NOK (-18.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 30.59m NOK → 22.70m NOK (-25.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 23.59m NOK → 24.94m NOK. Reported fact