ADEPT AS: årsregnskap 2012 vs 2011
Shrank 10% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADEPT AS. Revenue 51.0k NOK → 46.0k NOK (-9.8%). Net result -10.8k NOK → +139.5k NOK. Equity 128.6k NOK → 268.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEPT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -122.2k NOK → -76.3k NOK (op. margin -239.6% → -166.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 10.8k NOK to a profit of 139.5k NOK. Calculated
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↑
Equity strengthened
Book equity 128.6k NOK → 268.0k NOK (equity ratio 54.7% → 92.6%). Calculated
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↑
Payroll decreased
Salary cost 34.2k NOK → 0 NOK (67% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 51.0k NOK to 46.0k NOK (-9.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 15.0k NOK → 0 NOK. Reported fact