ADL PRODUKTER AS: årsregnskap 2013 vs 2012
Shrank 18% on revenue, stronger earnings
approved 2014-03-31; registry 2014-09-10; journal 2014 815021
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADL PRODUKTER AS. Revenue 2.27m NOK → 1.87m NOK (-17.9%). Net result +33.5k NOK → +73.4k NOK. Equity 374.3k NOK → 300.9k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADL PRODUKTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +40.5k NOK → +104.9k NOK (op. margin 1.8% → 5.6%). Calculated
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Net result improved
Net result +33.5k NOK → +73.4k NOK (net margin 1.5% → 3.9%). Calculated
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Payroll decreased
Salary cost 570.3k NOK → 500.5k NOK (25% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.27m NOK to 1.87m NOK (-17.9% YoY). Calculated
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↓
Equity eroded
Book equity 374.3k NOK → 300.9k NOK (equity ratio 40.6% → 35.8%). Calculated
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Cash fell
Bank deposits 425.9k NOK → 356.5k NOK (-16.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.10m NOK → 962.8k NOK (-12.2% YoY). Calculated