FirmaIQ
Org.nr 935 333 156 2009 → 2010 Year-over-year analysis

ADECCO NORGE AS: årsregnskap 2010 vs 2009

Returned to profit, cash halved-plus

approved 2011-06-09; registry 2011-08-01; journal 2011 551608

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADECCO NORGE AS. Revenue 2.33bn NOK → 2.44bn NOK (+4.8%). Net result -120.18m NOK → +29.32m NOK. Equity 355.5k NOK → 338.45m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.33bn NOK 2.44bn NOK
+4.8%
Operating result
+20.99m NOK +47.32m NOK
+125.4%
Net result
-120.18m NOK +29.32m NOK
+124.4%
Equity
355.5k NOK 338.45m NOK
+95105.3%
Cash
223.45m NOK 110.95m NOK
-50.3%
Total assets
1.22bn NOK 1.29bn NOK
+5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.33bn NOK to 2.44bn NOK (+4.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +20.99m NOK → +47.32m NOK (op. margin 0.9% → 1.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 120.18m NOK to a profit of 29.32m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 355.5k NOK → 338.45m NOK (equity ratio 0.0% → 26.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 733.18m NOK → 8.80m NOK (31% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 223.45m NOK → 110.95m NOK (-50.3% YoY). Calculated