ADONIS AS: årsregnskap 2012 vs 2011
Grew 13% on revenue, slipped into loss, cash halved-plus
approved 2013-06-27; registry 2013-11-11; journal 2013 848784
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADONIS AS. Revenue 9.86m NOK → 11.10m NOK (+12.6%). Net result +166.0k NOK → -324.49m NOK. Equity 3.98m NOK → 3.66m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADONIS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.86m NOK to 11.10m NOK (+12.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 1.68×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +253.9k NOK → -289.03bn NOK (op. margin 2.6% → -2602833.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 166.0k NOK profit to a loss of 324.49m NOK. Calculated
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↓
Equity eroded
Book equity 3.98m NOK → 3.66m NOK (equity ratio 59.7% → 49.3%). Calculated
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↓
Cash fell
Bank deposits 662.4k NOK → 101.1k NOK (-84.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.25m NOK → 4.30m NOK (43% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 408.5k NOK → 1.20m NOK (+193.4% YoY). Calculated