Org.nr 966 962 429 2009 → 2010 Year-over-year analysis

ADCOM HOLDING AS: årsregnskap 2010 vs 2009

Shrank 16% on revenue

approved 2011-05-13; registry 2011-06-04; journal 2011 384270

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADCOM HOLDING AS. Revenue 2.53m NOK → 2.11m NOK (-16.4%). Equity 1.29m NOK → 1.36m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADCOM HOLDING AS.

At a glance

Revenue

2.53m NOK 2.11m NOK

-16.4%

Operating result

n/m +92.0k NOK

—

Net result

n/m +65.6k NOK

—

Equity

1.29m NOK 1.36m NOK

+5.1%

Cash

552.2k NOK 751.5k NOK

+36.1%

Total assets

1.59m NOK 1.54m NOK

-3.5%

↑
Equity strengthened

Book equity 1.29m NOK → 1.36m NOK (equity ratio 81.2% → 88.4%). Calculated
↑
Cash rose

Bank deposits 552.2k NOK → 751.5k NOK (+36.1% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.53m NOK to 2.11m NOK (-16.4% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 NOK → 1.11m NOK (0% → 53% of revenue). Calculated