ADJUVANTE AS: årsregnskap 2013 vs 2012
Shrank 37% on revenue, returned to profit
approved 2014-06-18; registry 2014-08-26; journal 2014 710712
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADJUVANTE AS. Revenue 454.9k NOK → 286.5k NOK (-37.0%). Net result -8 504 NOK → +132.8k NOK. Equity 182.9k NOK → 50.1k NOK.
On the constructive side: turned profitable; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADJUVANTE AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 8 504 NOK to a profit of 132.8k NOK. Calculated
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↑
Cash rose
Bank deposits 41.6k NOK → 89.4k NOK (+114.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 204.7k NOK → -2 379 NOK (45% → -1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 454.9k NOK to 286.5k NOK (-37.0% YoY). Calculated
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↓
Equity eroded
Book equity 182.9k NOK → 50.1k NOK (equity ratio 30.3% → 41.9%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 3 100 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 29.4k NOK → 3 576 NOK (-87.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 326.0k NOK → 7 616 NOK. Reported fact