ADIFICO ØKONOMI AS: årsregnskap 2013 vs 2012
Shrank 72% on revenue
approved 2014-01-21; registry 2014-05-03; journal 2014 375911
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADIFICO ØKONOMI AS. Revenue 1.35m NOK → 374.8k NOK (-72.2%). Net result +365.5k NOK → +375.3k NOK. Equity 67.9k NOK → 30.0k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADIFICO ØKONOMI AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +503.1k NOK → +514.4k NOK (op. margin 37.3% → 137.2%). Calculated
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↑
Cash rose
Bank deposits 608.3k NOK → 626.1k NOK (+2.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.35m NOK to 374.8k NOK (-72.2% YoY). Calculated
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↓
Equity eroded
Book equity 67.9k NOK → 30.0k NOK (equity ratio 10.0% → 4.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 37.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation