ADD ON FITNESS INTERNATIONAL AS: årsregnskap 2010 vs 2009
Mixed movements in the accounts
approved 2011-03-25; registry 2011-03-31; journal 2011 324208
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADD ON FITNESS INTERNATIONAL AS. Revenue 569.7k NOK → 585.5k NOK (+2.8%).
On the constructive side: revenue rose. Pressures included: operating result weakened.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADD ON FITNESS INTERNATIONAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 569.7k NOK to 585.5k NOK (+2.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +254.7k NOK → +216.0k NOK (op. margin 44.7% → 36.9%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.18m NOK → 680.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 168.1k NOK → 227.6k NOK (30% → 39% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 1.24m NOK → 1.39m NOK. Reported fact