ADEA AS: årsregnskap 2010 vs 2009
Shrank 13% on revenue
approved 2011-06-30; registry 2011-08-29; journal 2011 650553
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADEA AS. Revenue 3.74m NOK → 3.24m NOK (-13.4%). Equity 386.7k NOK → 543.7k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADEA AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +57.0k NOK → +214.5k NOK (op. margin 1.5% → 6.6%). Calculated
-
↑
Equity strengthened
Book equity 386.7k NOK → 543.7k NOK (equity ratio 42.8% → 103.8%). Calculated
-
↑
Payroll decreased
Salary cost 2.18m NOK → 1.88m NOK (58% → 58% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.74m NOK to 3.24m NOK (-13.4% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 495.2k NOK → 382.1k NOK (-22.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 21.6k NOK → 271.6k NOK. Reported fact