FirmaIQ
Org.nr 983 847 412 2010 → 2011 Year-over-year analysis

ADCARE AS: årsregnskap 2011 vs 2010

Grew 17% on revenue, stronger earnings

approved 2012-10-03; registry 2012-10-09; journal 2012 798785

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADCARE AS. Revenue 12.24m NOK → 14.33m NOK (+17.0%). Net result +546.6k NOK → +772.1k NOK. Equity 2.30m NOK → 1.99m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADCARE AS.

At a glance

Scorecard

Revenue
12.24m NOK 14.33m NOK
+17.0%
Operating result
+792.7k NOK +22.3k NOK
-97.2%
Net result
+546.6k NOK +772.1k NOK
+41.2%
Equity
2.30m NOK 1.99m NOK
-13.6%
Cash
n/m 0 NOK
—
Total assets
5.22m NOK 5.48m NOK
+5.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.24m NOK to 14.33m NOK (+17.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +546.6k NOK → +772.1k NOK (net margin 4.5% → 5.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +792.7k NOK → +22.3k NOK (op. margin 6.5% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 2.30m NOK → 1.99m NOK (equity ratio 44.0% → 36.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.75m NOK → 7.57m NOK (+12.0% YoY). Calculated