Org.nr 982 110 904 2012 → 2013 Year-over-year analysis

ADVANCED INTERNATIONAL MANAGEMENT AS: årsregnskap 2013 vs 2012

Shrank 38% on revenue, stronger earnings

approved 2014-03-19; registry 2014-04-24; journal 2014 364659

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVANCED INTERNATIONAL MANAGEMENT AS. Revenue 92.5k NOK → 57.2k NOK (-38.1%). Net result +267.0k NOK → +888.8k NOK. Equity 4.11m NOK → 4.99m NOK.

On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVANCED INTERNATIONAL MANAGEMENT AS.

Scorecard

Revenue
92.5k NOK 57.2k NOK
-38.1%
Operating result
n/m +2 561 NOK
—
Net result
+267.0k NOK +888.8k NOK
+232.8%
Equity
4.11m NOK 4.99m NOK
+21.7%
Cash
3.56m NOK 2.87m NOK
-19.5%
Total assets
4.69m NOK 5.30m NOK
+12.9%

What improved

  • ↑

    Net result improved

    Net result +267.0k NOK → +888.8k NOK (net margin 288.8% → 1553.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.11m NOK → 4.99m NOK (equity ratio 87.5% → 94.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 15.4k NOK → 107 NOK (17% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 92.5k NOK to 57.2k NOK (-38.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 3.56m NOK → 2.87m NOK (-19.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 95.0k NOK → 50.0k NOK. Reported fact