ADRESSEAVISEN AS: årsregnskap 2012 vs 2011
Weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADRESSEAVISEN AS. Revenue 683.8k NOK → 672.4k NOK (-1.7%). Net result +71.0k NOK → +46.2k NOK. Equity 14.17m NOK → 195.4k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADRESSEAVISEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 175.5k NOK → 13.14m NOK (+7384.0% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 7 224 NOK → 70.2k NOK (+63.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 683.8k NOK to 672.4k NOK (-1.7% YoY). Calculated
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↓
Operating result weakened
Operating result +46.6k NOK → +1 487 NOK (op. margin 6.8% → 0.2%). Calculated
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↓
Net result weakened
Net result +71.0k NOK → +46.2k NOK (net margin 10.4% → 6.9%). Calculated
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↓
Equity eroded
Book equity 14.17m NOK → 195.4k NOK (equity ratio 3338.7% → 43.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 139.4k NOK → 134.0k NOK (-3.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.1k NOK → 14.0k NOK. Reported fact