ADEKVAT REGNSKAP & RÅDGIVNING AS: årsregnskap 2013 vs 2012
Shrank 8% on revenue, weaker earnings
approved 2014-03-24; registry 2014-05-08; journal 2014 386445
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADEKVAT REGNSKAP & RÅDGIVNING AS. Revenue 1.43m NOK → 1.32m NOK (-8.0%). Net result +336.4k NOK → +239.2k NOK. Equity 1.95m NOK → 2.19m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEKVAT REGNSKAP & RÅDGIVNING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.95m NOK → 2.19m NOK (equity ratio 77.7% → 87.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.43m NOK to 1.32m NOK (-8.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +410.7k NOK → +282.1k NOK (op. margin 28.7% → 21.4%). Calculated
-
↓
Net result weakened
Net result +336.4k NOK → +239.2k NOK (net margin 23.5% → 18.2%). Calculated
-
↓
Cash fell
Bank deposits 2.06m NOK → 1.73m NOK (-16.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 736.9k NOK → 746.1k NOK (51% → 57% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 300.0k NOK → 550 NOK. Reported fact