ADRIAN AS: årsregnskap 2013 vs 2012
Grew 125% on revenue, cash halved-plus
approved 2014-06-30; registry 2014-07-14; journal 2014 577249
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADRIAN AS. Revenue -6.38m NOK → 1.59m NOK (+124.8%). Equity 64.62m NOK → 64.32m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADRIAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from -6.38m NOK to 1.59m NOK (+124.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 64.62m NOK → 64.32m NOK (equity ratio 71.1% → 71.6%). Calculated
-
↓
Cash fell
Bank deposits 18.04m NOK → 3.14m NOK (-82.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (18.04m NOK → 3.14m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 33.01m NOK → 49.88m NOK. Reported fact