ADCAPA AS: årsregnskap 2011 vs 2010
Shrank 100% on revenue, stronger earnings
approved 2012-06-15; registry 2012-09-17; journal 2012 782903
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADCAPA AS. Revenue 825.2k NOK → 1 317 NOK (-99.8%). Net result -44.7k NOK → -25.3k NOK. Equity 167.0k NOK → 141.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -60.3k NOK → +231.9k NOK (op. margin -7.3% → 17611.3%). Calculated
-
↑
Net result improved
Net result -44.7k NOK → -25.3k NOK (net margin -5.4% → -1924.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 825.2k NOK to 1 317 NOK (-99.8% YoY). Calculated
-
↓
Equity eroded
Book equity 167.0k NOK → 141.7k NOK (equity ratio 44.6% → 37.8%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 798.2k NOK → 1.22m NOK (97% → 92465% of revenue). Calculated