Org.nr 990 760 241 2009 → 2010 Year-over-year analysis

ADAMS EIENDOM AS: årsregnskap 2010 vs 2009

Returned to profit, fresh owner capital

approved 2011-02-28; registry 2011-04-09; journal 2011 332835

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADAMS EIENDOM AS. Net result -1.04m NOK → +1 249 NOK. Equity -534.0k NOK → -883.1k NOK.

On the constructive side: turned profitable; owners injected capital. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAMS EIENDOM AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-37.3k NOK -64.3k NOK

-72.4%

Net result

-1.04m NOK +1 249 NOK

+100.1%

Equity

-534.0k NOK -883.1k NOK

-65.4%

Total assets

20.75m NOK 24.22m NOK

+16.7%

↑
Turned profitable

Net result flipped from a loss of 1.04m NOK to a profit of 1 249 NOK. Calculated
↑
Owners injected capital

Paid-in equity rose 2.50m NOK → 3.40m NOK (+900.0k NOK). Reported fact

↓
Operating result weakened

Operating result -37.3k NOK → -64.3k NOK. Calculated
↓
Equity eroded

Book equity -534.0k NOK → -883.1k NOK (equity ratio -2.6% → -3.6%). Calculated

·
Thin equity buffer

Equity ratio is -3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation