Org.nr 974 446 685 2009 → 2010 Year-over-year analysis

ADB TJENESTER AS: årsregnskap 2010 vs 2009

Shrank 19% on revenue

approved 2012-05-14; registry 2012-05-30; journal 2012 401756

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADB TJENESTER AS. Revenue 280.2k NOK → 227.7k NOK (-18.7%). Equity -298.6k NOK → -374.4k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

280.2k NOK 227.7k NOK

-18.7%

Operating result

+40.6k NOK -48.9k NOK

-220.4%

Equity

-298.6k NOK -374.4k NOK

-25.4%

Total assets

545.1k NOK 449.8k NOK

-17.5%

↓
Revenue fell

Operating income / revenue moved from 280.2k NOK to 227.7k NOK (-18.7% YoY). Calculated
↓
Operating result weakened

Operating result +40.6k NOK → -48.9k NOK (op. margin 14.5% → -21.5%). Calculated
↓
Equity eroded

Book equity -298.6k NOK → -374.4k NOK (equity ratio -54.8% → -83.2%). Calculated

·
Thin equity buffer

Equity ratio is -83.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation