FirmaIQ
Org.nr 976 145 178 2011 → 2012 Year-over-year analysis

ADDSECURE AS: årsregnskap 2012 vs 2011

Grew 6% on revenue

approved 2013-04-15; registry 2013-08-22; journal 2013 654650

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADDSECURE AS. Revenue 77.81m NOK → 82.67m NOK (+6.2%). Equity 69.55m NOK → 75.93m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.

At a glance

Scorecard

Revenue
77.81m NOK 82.67m NOK
+6.2%
Net result
+4.48m NOK n/m
—
Equity
69.55m NOK 75.93m NOK
+9.2%
Cash
2.26m NOK 1.35m NOK
-40.5%
Total assets
106.30m NOK 119.2k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 77.81m NOK to 82.67m NOK (+6.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 69.55m NOK → 75.93m NOK (equity ratio 65.4% → 63720.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.26m NOK → 1.35m NOK (-40.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 24.28m NOK → 25.19m NOK (31% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 27.94m NOK → 29.07m NOK (+4.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 37.58m NOK → 41.77m NOK. Reported fact