ADEE AS: årsregnskap 2013 vs 2012
Grew 7% on revenue, cash halved-plus
approved 2014-04-30; registry 2014-05-19; journal 2014 405094
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADEE AS. Revenue 2.23m NOK → 2.40m NOK (+7.5%). Equity 7.29bn NOK → 301.8k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADEE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.23m NOK to 2.40m NOK (+7.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7.29bn NOK → 301.8k NOK (equity ratio 1203190.4% → 56.5%). Calculated
-
↓
Cash fell
Bank deposits 110.0k NOK → 53.1k NOK (-51.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 933.6k NOK → 1.05m NOK (42% → 44% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 25.5k NOK → 4 790 NOK (-81.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 81.4k NOK → 118.9k NOK. Reported fact