FirmaIQ
Org.nr 893 020 462 2012 → 2013 Year-over-year analysis

ADMIRAL OFFSHORE AS: årsregnskap 2013 vs 2012

Grew 95% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADMIRAL OFFSHORE AS. Revenue 326.8k NOK → 636.9k NOK (+94.9%). Net result +743.0k NOK → +482.1k NOK. Equity 408.7k NOK → 1.89m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRAL OFFSHORE AS.

At a glance

Scorecard

Revenue
326.8k NOK 636.9k NOK
+94.9%
Operating result
+277.3k NOK +555.1k NOK
+100.2%
Net result
+743.0k NOK +482.1k NOK
-35.1%
Equity
408.7k NOK 1.89m NOK
+362.6%
Cash
n/m 1.84m NOK
—
Total assets
57.4k NOK 178.0k NOK
+209.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 326.8k NOK to 636.9k NOK (+94.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +277.3k NOK → +555.1k NOK (op. margin 84.8% → 87.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 408.7k NOK → 1.89m NOK (equity ratio 711.5% → 1062.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +743.0k NOK → +482.1k NOK (net margin 227.4% → 75.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 26.2k NOK → 30.4k NOK. Reported fact