Org.nr 993 258 407 2009 → 2010 Year-over-year analysis

ADAPTED TECHNOLOGIES AS: årsregnskap 2010 vs 2009

Slipped into loss

approved 2011-08-24; registry 2011-09-02; journal 2011 676903

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADAPTED TECHNOLOGIES AS. Net result +1.01m NOK → -15.3k NOK. Equity -910.1k NOK → -925.4k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded.

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

At a glance

Operating result

-1.01m NOK -15.3k NOK

+98.5%

Net result

+1.01m NOK -15.3k NOK

-101.5%

Equity

-910.1k NOK -925.4k NOK

-1.7%

Cash

n/m 1 389 NOK

—

Total assets

5 926 NOK 4 816 NOK

-18.7%

↑
Operating result improved

Operating result -1.01m NOK → -15.3k NOK. Calculated

↓
Fell into a net loss

Net result flipped from 1.01m NOK profit to a loss of 15.3k NOK. Calculated
↓
Equity eroded

Book equity -910.1k NOK → -925.4k NOK (equity ratio -15357.3% → -19214.8%). Calculated

·
Thin equity buffer

Equity ratio is -19214.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation