Org.nr 987 794 828 2012 → 2013 Year-over-year analysis

ADECCO INDUSTRI AS: årsregnskap 2013 vs 2012

Shrank 10% on revenue

approved 2014-05-26; registry 2014-09-02; journal 2014 753491

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADECCO INDUSTRI AS. Revenue 136.84m NOK → 123.14m NOK (-10.0%). Equity 49.72m NOK → 44.14m NOK.

On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADECCO INDUSTRI AS.

At a glance

Revenue

136.84m NOK 123.14m NOK

-10.0%

Operating result

-6.45m NOK +1.56m NOK

+124.2%

Equity

49.72m NOK 44.14m NOK

-11.2%

Cash

5.56m NOK 51.99m NOK

+834.5%

Total assets

75.34m NOK 81.61m NOK

+8.3%

↑
Operating result improved

Operating result -6.45m NOK → +1.56m NOK (op. margin -4.7% → 1.3%). Calculated
↑
Cash rose

Bank deposits 5.56m NOK → 51.99m NOK (+834.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.22× → 1.39×. Calculated

↓
Revenue fell

Operating income / revenue moved from 136.84m NOK to 123.14m NOK (-10.0% YoY). Calculated
↓
Equity eroded

Book equity 49.72m NOK → 44.14m NOK (equity ratio 66.0% → 54.1%). Calculated

·
Paid-in equity reduced

Paid-in equity fell 49.72m NOK → 44.14m NOK — check capital reduction, conversion, or reclassification. Interpretation