ADRASTEIA HOLDING AS: årsregnskap 2013 vs 2012
Shrank 57% on revenue, stronger earnings, cash halved-plus
approved 2014-07-04; registry 2014-09-03; journal 2014 763023
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADRASTEIA HOLDING AS. Revenue 260.0k NOK → 111.5k NOK (-57.1%). Net result +504.5k NOK → +2.60m NOK. Equity 15.32m NOK → 17.91m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRASTEIA HOLDING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -184.5k NOK → -95.6k NOK (op. margin -71.0% → -85.7%). Calculated
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Net result improved
Net result +504.5k NOK → +2.60m NOK (net margin 194.1% → 2327.0%). Calculated
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Equity strengthened
Book equity 15.32m NOK → 17.91m NOK (equity ratio 96.5% → 99.4%). Calculated
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Payroll decreased
Salary cost 51.3k NOK → 0 NOK (20% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 260.0k NOK to 111.5k NOK (-57.1% YoY). Calculated
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Cash fell
Bank deposits 610.7k NOK → 35.2k NOK (-94.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 2.01m NOK → 2 008 NOK. Reported fact