ADD ON FITNESS INTERNATIONAL AS: årsregnskap 2011 vs 2010
Grew 43% on revenue
approved 2012-04-27; registry 2012-08-07; journal 2012 589130
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADD ON FITNESS INTERNATIONAL AS. Revenue 585.5k NOK → 835.2k NOK (+42.7%).
On the constructive side: revenue rose; operating result improved; current ratio back above 1×.
Also worth watching: 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 585.5k NOK to 835.2k NOK (+42.7% YoY). Calculated
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Operating result improved
Operating result +216.0k NOK → +579.7k NOK (op. margin 36.9% → 69.4%). Calculated
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Current ratio back above 1×
Current ratio 0.19× → 1.09×. Calculated
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Payroll decreased
Salary cost 227.6k NOK → 208.2k NOK (39% → 25% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1.39m NOK → 1.55m NOK. Reported fact