ADVASAN MEDICAL GROUP AS: årsregnskap 2013 vs 2012
Another loss-making year
approved 2014-06-30; registry 2014-09-29; journal 2014 858393
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVASAN MEDICAL GROUP AS. Revenue 106.9k NOK → 110.1k NOK (+3.0%). Equity 59.7k NOK → 13.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVASAN MEDICAL GROUP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 106.9k NOK to 110.1k NOK (+3.0% YoY). Calculated
-
↑
Cash rose
Bank deposits 18.7k NOK → 51.4k NOK (+174.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 59.7k NOK → 13.4k NOK (equity ratio 68.7% → 17.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 11.7k NOK → 45.4k NOK (11% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 18.8k NOK → 75.1k NOK (+300.5% YoY). Calculated