FirmaIQ
Org.nr 992 564 113 2012 → 2013 Year-over-year analysis

ADDOVATION AS: årsregnskap 2013 vs 2012

Grew 6% on revenue

approved 2014-06-13; registry 2014-06-30; journal 2014 522103

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADDOVATION AS. Revenue 11.64m NOK → 12.29m NOK (+5.6%). Net result +997.0k NOK → +912.9k NOK. Equity 2.89m NOK → 3.10m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADDOVATION AS.

At a glance

Scorecard

Revenue
11.64m NOK 12.29m NOK
+5.6%
Operating result
+1.30m NOK +1.18m NOK
-9.4%
Net result
+997.0k NOK +912.9k NOK
-8.4%
Equity
2.89m NOK 3.10m NOK
+7.4%
Cash
3.57m NOK 4.24m NOK
+18.9%
Total assets
5.96m NOK 6.58m NOK
+10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.64m NOK to 12.29m NOK (+5.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.89m NOK → 3.10m NOK (equity ratio 48.4% → 47.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.57m NOK → 4.24m NOK (+18.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.30m NOK → +1.18m NOK (op. margin 11.2% → 9.6%). Calculated

  • ↓

    Net result weakened

    Net result +997.0k NOK → +912.9k NOK (net margin 8.6% → 7.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.31m NOK → 7.82m NOK (63% → 64% of revenue). Calculated