FirmaIQ
Org.nr 987 794 666 2012 → 2013 Year-over-year analysis

ADECCO GROUP NORWAY AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue

approved 2014-05-27; registry 2014-09-02; journal 2014 753377

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADECCO GROUP NORWAY AS. Revenue 384.75m NOK → 394.2k NOK (-99.9%). Equity 46.23m NOK → 37.61m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADECCO GROUP NORWAY AS.

At a glance

Scorecard

Revenue
384.75m NOK 394.2k NOK
-99.9%
Operating result
+22.54m NOK +16.59m NOK
-26.4%
Equity
46.23m NOK 37.61m NOK
-18.6%
Cash
95.1k NOK 48.76m NOK
+51159.3%
Total assets
129.09m NOK 118.34m NOK
-8.3%

What improved

  • ↑

    Cash rose

    Bank deposits 95.1k NOK → 48.76m NOK (+51159.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 384.75m NOK to 394.2k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +22.54m NOK → +16.59m NOK (op. margin 5.9% → 4207.7%). Calculated

  • ↓

    Equity eroded

    Book equity 46.23m NOK → 37.61m NOK (equity ratio 35.8% → 31.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 7.34m NOK → 7.35m NOK (2% → 1865% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 423 NOK → 1.40m NOK. Reported fact