FirmaIQ
Org.nr 979 671 474 2009 → 2010 Year-over-year analysis

ADAPT CONSULTING AS: årsregnskap 2010 vs 2009

Shrank 20% on revenue

approved 2011-05-05; registry 2011-05-16; journal 2011 362506

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADAPT CONSULTING AS. Revenue 6.91m NOK → 5.56m NOK (-19.5%). Net result +803.7k NOK → +650.0k NOK. Equity 2.22m NOK → 2.07m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
6.91m NOK 5.56m NOK
-19.5%
Operating result
+1.06m NOK +858.2k NOK
-19.2%
Net result
+803.7k NOK +650.0k NOK
-19.1%
Equity
2.22m NOK 2.07m NOK
-6.8%
Total assets
6.79m NOK 5.05m NOK
-25.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.55m NOK → 3.55m NOK (66% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.91m NOK to 5.56m NOK (-19.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.06m NOK → +858.2k NOK (op. margin 15.4% → 15.4%). Calculated

  • ↓

    Net result weakened

    Net result +803.7k NOK → +650.0k NOK (net margin 11.6% → 11.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.22m NOK → 2.07m NOK (equity ratio 32.7% → 41.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 186.7k NOK → 130.6k NOK. Reported fact