ADAMSRØD FERDIGPLEN AS: årsregnskap 2010 vs 2009
Shrank 12% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADAMSRØD FERDIGPLEN AS. Revenue 5.36m NOK → 4.73m NOK (-11.7%). Net result +283.8k NOK → -18.4k NOK. Equity 409.8k NOK → 391.3k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADAMSRØD FERDIGPLEN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.25× → 1.98×. Calculated
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↑
Payroll decreased
Salary cost 1.96m NOK → 2 010 NOK (36% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.36m NOK to 4.73m NOK (-11.7% YoY). Calculated
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↓
Operating result weakened
Operating result +323.5k NOK → -15.8k NOK (op. margin 6.0% → -0.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 283.8k NOK profit to a loss of 18.4k NOK. Calculated
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↓
Equity eroded
Book equity 409.8k NOK → 391.3k NOK (equity ratio 211.0% → 49.4%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 400 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 510.6k NOK → 176.4k NOK (-65.5% YoY). Calculated