ADIMA ENERGY AS: årsregnskap 2013 vs 2012
Shrank 10% on revenue, cash halved-plus
approved 2014-06-18; registry 2014-06-25; journal 2014 503544
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADIMA ENERGY AS. Revenue 13.28m NOK → 11.92m NOK (-10.2%). Equity 904.0k NOK → 713.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADIMA ENERGY AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 12.93m NOK → 10.84m NOK (97% → 91% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.28m NOK to 11.92m NOK (-10.2% YoY). Calculated
-
↓
Equity eroded
Book equity 904.0k NOK → 713.6k NOK (equity ratio 8.5% → 9.5%). Calculated
-
↓
Cash fell
Bank deposits 538.1k NOK → 204.5k NOK (-62.0% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 148.7k NOK → 551.0k NOK (+270.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 904.0k NOK → 713.6k NOK — check capital reduction, conversion, or reclassification. Interpretation