FirmaIQ
Org.nr 912 808 297 2012 → 2013 Year-over-year analysis

ADOLF HORNELAND AS: årsregnskap 2013 vs 2012

Stronger earnings

approved 2014-01-27; registry 2014-03-08; journal 2014 312991

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADOLF HORNELAND AS. Revenue 623.3k NOK → 629.1k NOK (+0.9%). Net result +343.6k NOK → +706.9k NOK. Equity 4.78m NOK → 5.19m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
623.3k NOK 629.1k NOK
+0.9%
Operating result
+156.0k NOK +329.1k NOK
+111.0%
Net result
+343.6k NOK +706.9k NOK
+105.8%
Equity
4.78m NOK 5.19m NOK
+8.5%
Cash
654.7k NOK 601.0k NOK
-8.2%
Total assets
6.47m NOK 6.37m NOK
-1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 623.3k NOK to 629.1k NOK (+0.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +156.0k NOK → +329.1k NOK (op. margin 25.0% → 52.3%). Calculated

  • ↑

    Net result improved

    Net result +343.6k NOK → +706.9k NOK (net margin 55.1% → 112.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.78m NOK → 5.19m NOK (equity ratio 73.9% → 81.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 654.7k NOK → 601.0k NOK (-8.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 99.9k NOK → 5.13m NOK. Reported fact