Org.nr 979 994 877 2010 → 2011 Year-over-year analysis

ADDENDA CONSULT AS: årsregnskap 2011 vs 2010

Mixed movements in the accounts

approved 2012-06-27; registry 2012-08-29; journal 2012 669185

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADDENDA CONSULT AS. Revenue 2.99m NOK → 2.86m NOK (-4.3%). Equity 581.1k NOK → 805.5k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDENDA CONSULT AS.

At a glance

Revenue

2.99m NOK 2.86m NOK

-4.3%

Operating result

+970.7k NOK n/m

—

Net result

+684.2k NOK n/m

—

Equity

581.1k NOK 805.5k NOK

+38.6%

Cash

866.4k NOK 834.6k NOK

-3.7%

Total assets

1.93m NOK 2.18m NOK

+13.3%

↑
Equity strengthened

Book equity 581.1k NOK → 805.5k NOK (equity ratio 30.2% → 36.9%). Calculated
↑
Payroll decreased

Salary cost 1.68m NOK → 1.43m NOK (56% → 50% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.99m NOK to 2.86m NOK (-4.3% YoY). Calculated
↓
Cash fell

Bank deposits 866.4k NOK → 834.6k NOK (-3.7% YoY). Calculated

·
Book investments changed

Investment / intangible book value 17.2k NOK → 95.8k NOK. Reported fact