Org.nr 961 387 582 2012 → 2013 Year-over-year analysis

ADMIN24 AS: årsregnskap 2013 vs 2012

Cash halved-plus

approved 2015-05-12; registry 2015-05-16; journal 2015 422376

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADMIN24 AS. Revenue 978.5k NOK → 986.2k NOK (+0.8%). Equity 10.5k NOK → 9 225 NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADMIN24 AS.

At a glance

Revenue

978.5k NOK 986.2k NOK

+0.8%

Equity

10.5k NOK 9 225 NOK

-11.9%

Cash

16.3k NOK 5 002 NOK

-69.3%

Total assets

70.3k NOK 238.5k NOK

+239.3%

↑
Revenue rose

Operating income / revenue moved from 978.5k NOK to 986.2k NOK (+0.8% YoY). Calculated

↓
Equity eroded

Book equity 10.5k NOK → 9 225 NOK (equity ratio 14.9% → 3.9%). Calculated
↓
Cash fell

Bank deposits 16.3k NOK → 5 002 NOK (-69.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 72.1k NOK → 166.7k NOK (7% → 17% of revenue). Calculated
·
COGS fell

COGS / varekostnad 931.5k NOK → 801.9k NOK (-13.9% YoY). Calculated