ADDENDA CONSULT AS: årsregnskap 2010 vs 2009
Grew 8% on revenue
approved 2011-05-27; registry 2011-06-11; journal 2011 398435
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADDENDA CONSULT AS. Revenue 2.76m NOK → 2.99m NOK (+8.3%). Net result +832.0k NOK → +684.2k NOK. Equity 196.9k NOK → 581.1k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADDENDA CONSULT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.76m NOK to 2.99m NOK (+8.3% YoY). Calculated
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↑
Equity strengthened
Book equity 196.9k NOK → 581.1k NOK (equity ratio 10.0% → 30.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.32×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.16m NOK → +970.7k NOK (op. margin 41.9% → 32.4%). Calculated
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↓
Net result weakened
Net result +832.0k NOK → +684.2k NOK (net margin 30.1% → 22.9%). Calculated
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↓
Cash fell
Bank deposits 980.4k NOK → 866.4k NOK (-11.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.29m NOK → 1.68m NOK (47% → 56% of revenue). Calculated