FirmaIQ
Org.nr 979 515 715 2012 → 2013 Year-over-year analysis

ADVENT NORWAY AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-05-02; registry 2014-05-22; journal 2014 414550

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVENT NORWAY AS. Revenue 28.55m NOK → 28.60m NOK (+0.2%). Net result -2.78m NOK → -3.48m NOK. Equity 20.35m NOK → 16.87m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVENT NORWAY AS.

At a glance

Scorecard

Revenue
28.55m NOK 28.60m NOK
+0.2%
Net result
-2.78m NOK -3.48m NOK
-25.2%
Equity
20.35m NOK 16.87m NOK
-17.1%
Cash
5.48m NOK 8.21m NOK
+49.9%
Total assets
27.23m NOK 27.53m NOK
+1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.55m NOK to 28.60m NOK (+0.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 5.48m NOK → 8.21m NOK (+49.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -2.78m NOK → -3.48m NOK (net margin -9.7% → -12.2%). Calculated

  • ↓

    Equity eroded

    Book equity 20.35m NOK → 16.87m NOK (equity ratio 74.7% → 61.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 18.48m NOK → 20.40m NOK (65% → 71% of revenue). Calculated