ADMIT AS: årsregnskap 2013 vs 2012
Grew 238% on revenue, cash halved-plus
approved 2014-06-30; registry 2014-08-19; journal 2014 670482
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADMIT AS. Revenue 99.4k NOK → 336.1k NOK (+238.1%). Equity 2.12m NOK → 2.16m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMIT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 99.4k NOK to 336.1k NOK (+238.1% YoY). Calculated
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↑
Operating result improved
Operating result -958.4k NOK → -895.2k NOK (op. margin -964.2% → -266.4%). Calculated
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↑
Equity strengthened
Book equity 2.12m NOK → 2.16m NOK (equity ratio 70.7% → 62.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 380.7k NOK → 59.4k NOK (-84.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.05m NOK → 1.69m NOK (-17.2% YoY). Calculated