FirmaIQ
Org.nr 986 171 010 2012 → 2013 Year-over-year analysis

ADDED VALUE IT AS: årsregnskap 2013 vs 2012

Shrank 81% on revenue, stronger earnings

approved 2014-05-28; registry 2014-06-25; journal 2014 505840

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADDED VALUE IT AS. Revenue 3.32m NOK → 616.8k NOK (-81.4%). Net result +117.9k NOK → +147.0k NOK. Equity 2.25m NOK → 2.40m 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
3.32m NOK 616.8k NOK
-81.4%
Operating result
+94.4k NOK +122.1k NOK
+29.3%
Net result
+117.9k NOK +147.0k NOK
+24.7%
Equity
2.25m NOK 2.40m NOK
+6.5%
Cash
3.35m NOK 3.00m NOK
-10.3%
Total assets
3.97m NOK 3.77m NOK
-5.1%

What improved

  • ↑

    Operating result improved

    Operating result +94.4k NOK → +122.1k NOK (op. margin 2.8% → 19.8%). Calculated

  • ↑

    Net result improved

    Net result +117.9k NOK → +147.0k NOK (net margin 3.6% → 23.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.25m NOK → 2.40m NOK (equity ratio 56.8% → 63.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.58m NOK → 1.92m NOK (78% → 311% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.32m NOK to 616.8k NOK (-81.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 3.35m NOK → 3.00m NOK (-10.3% YoY). Calculated