Org.nr 986 947 132 2011 → 2012 Year-over-year analysis

ADRENALINEVENT AS: årsregnskap 2012 vs 2011

Shrank 68% on revenue

approved 2013-05-26; registry 2013-08-22; journal 2013 655072

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADRENALINEVENT AS. Revenue 581.1k NOK → 186.0k NOK (-68.0%). Equity 415.5k NOK → 423.5k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADRENALINEVENT AS.

At a glance

Revenue

581.1k NOK 186.0k NOK

-68.0%

Equity

415.5k NOK 423.5k NOK

+1.9%

Cash

312.3k NOK 214.4k NOK

-31.3%

Total assets

616.5k NOK 433.0k NOK

-29.8%

↑
Equity strengthened

Book equity 415.5k NOK → 423.5k NOK (equity ratio 67.4% → 97.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 581.1k NOK to 186.0k NOK (-68.0% YoY). Calculated
↓
Cash fell

Bank deposits 312.3k NOK → 214.4k NOK (-31.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 8 NOK → 10.2k NOK (0% → 5% of revenue). Calculated