Org.nr 958 738 927 2009 → 2010 Year-over-year analysis

ADAPTI AS: årsregnskap 2010 vs 2009

Grew 10% on revenue, stronger earnings

approved 2011-03-31; registry 2011-04-26; journal 2011 344377

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADAPTI AS. Revenue 4.19m NOK → 4.60m NOK (+9.8%). Net result -192.3k NOK → -48.3k NOK. Equity 317.2k NOK → 268.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADAPTI AS.

Scorecard

Revenue
4.19m NOK 4.60m NOK
+9.8%
Operating result
-258.7k NOK +259.9k NOK
+200.4%
Net result
-192.3k NOK -48.3k NOK
+74.9%
Equity
317.2k NOK 268.9k NOK
-15.2%
Total assets
914.13m NOK 1 173 NOK
-100.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.19m NOK to 4.60m NOK (+9.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -258.7k NOK → +259.9k NOK (op. margin -6.2% → 5.7%). Calculated

  • ↑

    Net result improved

    Net result -192.3k NOK → -48.3k NOK (net margin -4.6% → -1.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.97m NOK → 1.02m NOK (71% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 317.2k NOK → 268.9k NOK (equity ratio 0.0% → 22921.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.00m NOK → 3.07m NOK (+2.3% YoY). Calculated