Org.nr 995 205 262 2012 → 2013 Year-over-year analysis

ADIMA ENGINEERING AS: årsregnskap 2013 vs 2012

Shrank 13% on revenue

approved 2014-06-18; registry 2014-06-25; journal 2014 503570

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADIMA ENGINEERING AS. Revenue 619.3k NOK → 538.4k NOK (-13.1%). Equity 160.2k NOK → 1.40m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
619.3k NOK 538.4k NOK
-13.1%
Operating result
-254.3k NOK +91.4k NOK
+135.9%
Net result
n/m +412.8k NOK
—
Equity
160.2k NOK 1.40m NOK
+773.7%
Cash
119.7k NOK 156.1k NOK
+30.4%
Total assets
363.7k NOK 381.0k NOK
+4.8%

What improved

  • ↑

    Operating result improved

    Operating result -254.3k NOK → +91.4k NOK (op. margin -41.1% → 17.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 160.2k NOK → 1.40m NOK (equity ratio 44.1% → 367.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 119.7k NOK → 156.1k NOK (+30.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.72m NOK → 3.22m NOK (601% → 599% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 619.3k NOK to 538.4k NOK (-13.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.79× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated