Org.nr 984 396 821 2009 → 2010 Year-over-year analysis

ADEKA AS: årsregnskap 2010 vs 2009

Shrank 100% on revenue, weaker earnings

approved 2011-02-25; registry 2011-03-10; journal 2011 311269

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADEKA AS. Revenue 882.0k NOK → 882 NOK (-99.9%). Net result +829.7k NOK → +654.6k NOK. Equity 2.52m NOK → 3.17m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADEKA AS.

Scorecard

Revenue
882.0k NOK 882 NOK
-99.9%
Operating result
+74.9k NOK -26.4k NOK
-135.2%
Net result
+829.7k NOK +654.6k NOK
-21.1%
Equity
2.52m NOK 3.17m NOK
+26.0%
Total assets
3.06m NOK 3.51m NOK
+14.6%

What improved

  • ↑

    Equity strengthened

    Book equity 2.52m NOK → 3.17m NOK (equity ratio 82.2% → 90.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 882.0k NOK to 882 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +74.9k NOK → -26.4k NOK (op. margin 8.5% → -2988.8%). Calculated

  • ↓

    Net result weakened

    Net result +829.7k NOK → +654.6k NOK (net margin 94.1% → 74216.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 790.3k NOK → 1 092 NOK (-99.9% YoY). Calculated