Org.nr 992 254 394 2009 → 2010 Year-over-year analysis

ADCAPA AS: årsregnskap 2010 vs 2009

Another loss-making year

approved 2011-06-30; registry 2011-08-24; journal 2011 624017

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADCAPA AS. Revenue 794.2k NOK → 825.2k NOK (+3.9%). Equity 211.9k NOK → 167.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADCAPA AS.

At a glance

Revenue

794.2k NOK 825.2k NOK

+3.9%

Operating result

-4 969 NOK -60.3k NOK

-1114.4%

Net result

n/m -44.7k NOK

—

Equity

211.9k NOK 167.0k NOK

-21.2%

Total assets

365.9k NOK 374.3k NOK

+2.3%

↑
Revenue rose

Operating income / revenue moved from 794.2k NOK to 825.2k NOK (+3.9% YoY). Calculated

↓
Operating result weakened

Operating result -4 969 NOK → -60.3k NOK (op. margin -0.6% → -7.3%). Calculated
↓
Equity eroded

Book equity 211.9k NOK → 167.0k NOK (equity ratio 57.9% → 44.6%). Calculated

·
Payroll increased

Salary cost 714.4k NOK → 798.2k NOK (90% → 97% of revenue). Calculated