ADM AS: årsregnskap 2013 vs 2012
Grew 10% on revenue
approved 2014-06-26; registry 2014-07-30; journal 2014 615553
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADM AS. Revenue 4.13m NOK → 4.54m NOK (+10.1%). Equity 610.1k NOK → 456.7k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.13m NOK to 4.54m NOK (+10.1% YoY). Calculated
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↑
Cash rose
Bank deposits 344.0k NOK → 575.6k NOK (+67.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.83m NOK → 2.78m NOK (69% → 61% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 610.1k NOK → 456.7k NOK (equity ratio 44.7% → 31.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.68× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 227.3k NOK → 287.6k NOK (+26.5% YoY). Calculated