FirmaIQ
Org.nr 985 012 059 2012 → 2013 Year-over-year analysis

NAVAMEDIC ASA: årsregnskap 2013 vs 2012

Grew 556% on revenue

approved 2014-04-07; registry 2014-08-26; journal 2014 705230

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for NAVAMEDIC ASA. Revenue 1.08m NOK → 7.07m NOK (+556.1%). Equity 99.93m NOK → 98.45m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for NAVAMEDIC ASA.

At a glance

Scorecard

Revenue
1.08m NOK 7.07m NOK
+556.1%
Operating result
-4.23m NOK 0 NOK
+100.0%
Equity
99.93m NOK 98.45m NOK
-1.5%
Cash
1.48m NOK 1.68m NOK
+13.6%
Total assets
120.82m NOK 125.96m NOK
+4.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.08m NOK to 7.07m NOK (+556.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4.23m NOK → 0 NOK (op. margin -392.1% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.48m NOK → 1.68m NOK (+13.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.14m NOK → 2.61m NOK (291% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 99.93m NOK → 98.45m NOK (equity ratio 82.7% → 78.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 137.55m NOK → 130.61m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 51.17m NOK → 51.2k NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 89.61m NOK → 90.15m NOK. Reported fact