Org.nr 988 774 677 2009 → 2010 Year-over-year analysis

ADDCON NORDIC AS: årsregnskap 2010 vs 2009

Grew 126248% on revenue, stronger earnings, fresh owner capital

approved 2011-06-30; registry 2011-10-17; journal 2011 785360

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADDCON NORDIC AS. Revenue 417.7k NOK → 527.79m NOK (+126248.2%). Net result +3.62m NOK → +14.91m NOK. Equity 33.05m NOK → 47.95m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDCON NORDIC AS.

Scorecard

Revenue
417.7k NOK 527.79m NOK
+126248.2%
Operating result
-2.10m NOK +34.58m NOK
+1745.8%
Net result
+3.62m NOK +14.91m NOK
+311.8%
Equity
33.05m NOK 47.95m NOK
+45.1%
Cash
7.24m NOK 9.91m NOK
+36.9%
Total assets
319.4k NOK 388.9k NOK
+21.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 417.7k NOK to 527.79m NOK (+126248.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.10m NOK → +34.58m NOK (op. margin -503.0% → 6.6%). Calculated

  • ↑

    Net result improved

    Net result +3.62m NOK → +14.91m NOK (net margin 866.6% → 2.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 33.05m NOK → 47.95m NOK (equity ratio 10345.5% → 12331.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.24m NOK → 9.91m NOK (+36.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 332.4k NOK → 388.0k NOK (+16.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 24.42m NOK → 24.36m NOK. Reported fact