ADACC INTERNATIONAL AS: årsregnskap 2011 vs 2010
Grew 8% on revenue
approved 2012-05-15; registry 2012-09-08; journal 2012 747122
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADACC INTERNATIONAL AS. Revenue 8.93m NOK → 9.69m NOK (+8.5%). Equity 403.7k NOK → 417.9k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADACC INTERNATIONAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.93m NOK to 9.69m NOK (+8.5% YoY). Calculated
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↑
Equity strengthened
Book equity 403.7k NOK → 417.9k NOK (equity ratio 10.0% → 10.0%). Calculated
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↑
Cash rose
Bank deposits 102.5k NOK → 800.8k NOK (+681.1% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 6.06m NOK → 7.06m NOK (68% → 73% of revenue). Calculated