Org.nr 987 475 544 2012 → 2013 Year-over-year analysis

ADVANCED ENGINEERING SYSTEMS AS: årsregnskap 2013 vs 2012

Shrank 14% on revenue

approved 2014-04-07; registry 2014-04-22; journal 2014 359631

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVANCED ENGINEERING SYSTEMS AS. Revenue 3.96m NOK → 3.41m NOK (-13.9%). Equity 443.8k NOK → 437.1k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
3.96m NOK 3.41m NOK
-13.9%
Equity
443.8k NOK 437.1k NOK
-1.5%
Cash
189.2k NOK 143.9k NOK
-23.9%
Total assets
1.67m NOK 1.95m NOK
+17.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.96m NOK to 3.41m NOK (-13.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 443.8k NOK → 437.1k NOK (equity ratio 26.6% → 22.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 189.2k NOK → 143.9k NOK (-23.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.05m NOK → 1.93m NOK (-5.9% YoY). Calculated