ADI RÅDGIVNING AS: årsregnskap 2013 vs 2012
Grew 23% on revenue, slipped into loss
approved 2014-06-26; registry 2014-09-10; journal 2014 810679
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADI RÅDGIVNING AS. Revenue 2.45m NOK → 3.00m NOK (+22.7%). Net result +28.7k NOK → -71.5k NOK. Equity 132.4k NOK → 60.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADI RÅDGIVNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.45m NOK to 3.00m NOK (+22.7% YoY). Calculated
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↑
Cash rose
Bank deposits 30.3k NOK → 43.8k NOK (+44.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +65.5k NOK → -65.4k NOK (op. margin 2.7% → -2.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 28.7k NOK profit to a loss of 71.5k NOK. Calculated
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↓
Equity eroded
Book equity 132.4k NOK → 60.9k NOK (equity ratio 20.3% → 8.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 2.13m NOK → 2.88m NOK (+35.0% YoY). Calculated