Org.nr 974 446 685 2010 → 2011 Year-over-year analysis

ADB TJENESTER AS: årsregnskap 2011 vs 2010

Shrank 13% on revenue

approved 2011-12-31; registry 2012-09-05; journal 2012 718319

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADB TJENESTER AS. Revenue 227.7k NOK → 197.7k NOK (-13.2%). Equity -374.4k NOK → -342.7k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell.

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

At a glance

Revenue

227.7k NOK 197.7k NOK

-13.2%

Operating result

-48.9k NOK +42.2k NOK

+186.4%

Equity

-374.4k NOK -342.7k NOK

+8.5%

Cash

n/m 0 NOK

—

Total assets

449.8k NOK 148.2k NOK

-67.1%

↑
Operating result improved

Operating result -48.9k NOK → +42.2k NOK (op. margin -21.5% → 21.3%). Calculated
↑
Equity strengthened

Book equity -374.4k NOK → -342.7k NOK (equity ratio -83.2% → -231.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 227.7k NOK to 197.7k NOK (-13.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is -231.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation