Org.nr 883 814 622 2010 → 2011 Year-over-year analysis

ADAPA AS: årsregnskap 2011 vs 2010

Grew 134% on revenue

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADAPA AS. Revenue 245.8k NOK → 574.7k NOK (+133.8%). Equity 12.02m NOK → 12.51m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAPA AS.

At a glance

Revenue

245.8k NOK 574.7k NOK

+133.8%

Operating result

+443.4k NOK +763.4k NOK

+72.2%

Equity

12.02m NOK 12.51m NOK

+4.1%

Cash

n/m 2.24m NOK

—

Total assets

16.36m NOK 17.45m NOK

+6.7%

↑
Revenue rose

Operating income / revenue moved from 245.8k NOK to 574.7k NOK (+133.8% YoY). Calculated
↑
Operating result improved

Operating result +443.4k NOK → +763.4k NOK (op. margin 180.4% → 132.8%). Calculated
↑
Equity strengthened

Book equity 12.02m NOK → 12.51m NOK (equity ratio 73.4% → 71.7%). Calculated
↑
Payroll decreased

Salary cost 766.8k NOK → 2 011 NOK (312% → 0% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 258.0k NOK → 50.7k NOK. Reported fact