ADACON AS: årsregnskap 2010 vs 2009
Shrank 55% on revenue
approved 2011-03-16; registry 2011-03-22; journal 2011 317721
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADACON AS. Revenue 1.59m NOK → 710.8k NOK (-55.3%). Equity 1.51m NOK → 1.22m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACON AS.
At a glance
Scorecard
Revenue
1.59m NOK
710.8k NOK
-55.3%
Net result
+395.7k NOK
n/m
—
Equity
1.51m NOK
1.22m NOK
-19.6%
Cash
476.0k NOK
1.07m NOK
+124.4%
Total assets
1.92m NOK
1.40m NOK
-26.8%
What improved
-
↑
Cash rose
Bank deposits 476.0k NOK → 1.07m NOK (+124.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.59m NOK to 710.8k NOK (-55.3% YoY). Calculated
-
↓
Equity eroded
Book equity 1.51m NOK → 1.22m NOK (equity ratio 79.0% → 86.7%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 165.2k NOK → 138.1k NOK. Reported fact