ADMIRUM AS: årsregnskap 2013 vs 2012
Shrank 10% on revenue, stronger earnings
approved 2014-05-28; registry 2014-08-30; journal 2014 742044
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADMIRUM AS. Revenue 300.1k NOK → 270.5k NOK (-9.9%). Net result +135.8k NOK → +359.4k NOK. Equity 158.0k NOK → 517.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +184.9k NOK → +293.8k NOK (op. margin 61.6% → 108.6%). Calculated
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↑
Net result improved
Net result +135.8k NOK → +359.4k NOK (net margin 45.2% → 132.9%). Calculated
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↑
Equity strengthened
Book equity 158.0k NOK → 517.3k NOK (equity ratio 55.3% → 52.8%). Calculated
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↑
Cash rose
Bank deposits 79.5k NOK → 790.7k NOK (+894.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 300.1k NOK to 270.5k NOK (-9.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 83.4k NOK → 2.48m NOK (28% → 916% of revenue). Calculated