ADVISUM AS: årsregnskap 2013 vs 2012
Grew 8% on revenue
approved 2014-06-23; registry 2014-08-23; journal 2014 695357
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVISUM AS. Revenue 2.42m NOK → 2.61m NOK (+8.0%). Equity 1.40m NOK → 1.11m NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVISUM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.42m NOK to 2.61m NOK (+8.0% YoY). Calculated
-
↑
Cash rose
Bank deposits 212.6k NOK → 296.8k NOK (+39.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.32m NOK → 1.15m NOK (55% → 44% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +765.3k NOK → +697.2k NOK (op. margin 31.6% → 26.7%). Calculated
-
↓
Equity eroded
Book equity 1.40m NOK → 1.11m NOK (equity ratio 34.4% → 27.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 21.8k NOK → 107.7k NOK (+394.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.03m NOK → 948.1k NOK. Reported fact