FirmaIQ
Org.nr 989 101 897 2012 → 2013 Year-over-year analysis

ADG AS: årsregnskap 2013 vs 2012

Weaker earnings, cash halved-plus

approved 2014-05-02; registry 2014-05-07; journal 2014 383153

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADG AS. Net result +2.75m NOK → +1.26m NOK. Equity 8.22m NOK → 9.48m NOK.

On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADG AS.

At a glance

Scorecard

Operating result
-16.5k NOK -11.5k NOK
+30.4%
Net result
+2.75m NOK +1.26m NOK
-54.2%
Equity
8.22m NOK 9.48m NOK
+15.3%
Cash
4.24m NOK 31.7k NOK
-99.3%
Total assets
14.65m NOK 10.43m NOK
-28.8%

What improved

  • ↑

    Operating result improved

    Operating result -16.5k NOK → -11.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.22m NOK → 9.48m NOK (equity ratio 56.1% → 90.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.86× → 1.36×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +2.75m NOK → +1.26m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 4.24m NOK → 31.7k NOK (-99.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.24m NOK → 31.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation