FirmaIQ
Org.nr 983 847 412 2009 → 2010 Year-over-year analysis

ADCARE AS: årsregnskap 2010 vs 2009

Shrank 91% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADCARE AS. Revenue 141.48m NOK → 12.24m NOK (-91.3%). Net result +398.0k NOK → +546.6k NOK. Equity 1.75m NOK → 2.30m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
141.48m NOK 12.24m NOK
-91.3%
Operating result
n/m +792.7k NOK
—
Net result
+398.0k NOK +546.6k NOK
+37.3%
Equity
1.75m NOK 2.30m NOK
+31.2%
Total assets
n/m 5.22m NOK
—

What improved

  • ↑

    Net result improved

    Net result +398.0k NOK → +546.6k NOK (net margin 0.3% → 4.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.75m NOK → 2.30m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 141.48m NOK to 12.24m NOK (-91.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 008 NOK → 2.69m NOK (0% → 22% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6.48m NOK → 6.75m NOK (+4.2% YoY). Calculated