FirmaIQ
Org.nr 976 145 178 2012 → 2013 Year-over-year analysis

ADDSECURE AS: årsregnskap 2013 vs 2012

Grew 9% on revenue

approved 2014-03-20; registry 2014-05-19; journal 2014 406140

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADDSECURE AS. Revenue 82.67m NOK → 89.75m NOK (+8.6%). Equity 75.93m NOK → 84.41m NOK.

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

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

At a glance

Scorecard

Revenue
82.67m NOK 89.75m NOK
+8.6%
Equity
75.93m NOK 84.41m NOK
+11.2%
Cash
1.35m NOK 10.52m NOK
+680.8%
Total assets
119.2k NOK 119.7k NOK
+0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 82.67m NOK to 89.75m NOK (+8.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 75.93m NOK → 84.41m NOK (equity ratio 63720.1% → 70544.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.35m NOK → 10.52m NOK (+680.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.85× → 1.12×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.69m NOK → 24.87m NOK (+185.0k NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 25.19m NOK → 27.25m NOK (30% → 30% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 29.07m NOK → 26.05m NOK (-10.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 41.77m NOK → 34.01m NOK. Reported fact