ADEKVAT REGNSKAP & RÅDGIVNING AS: årsregnskap 2010 vs 2009
Shrank 88% on revenue, weaker earnings
approved 2011-06-12; registry 2011-06-27; journal 2011 437471
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADEKVAT REGNSKAP & RÅDGIVNING AS. Revenue 1.45m NOK → 171.1k NOK (-88.2%). Net result +358.5k NOK → +132.5k NOK. Equity 1.48m NOK → 1.61m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEKVAT REGNSKAP & RÅDGIVNING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.48m NOK → 1.61m NOK (equity ratio 83.7% → 84.9%). Calculated
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↑
Cash rose
Bank deposits 1 175 NOK → 996.5k NOK (+84709.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 3.82×. Calculated
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↑
Payroll decreased
Salary cost 765.7k NOK → 3 505 NOK (53% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.45m NOK to 171.1k NOK (-88.2% YoY). Calculated
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↓
Net result weakened
Net result +358.5k NOK → +132.5k NOK (net margin 24.7% → 77.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5 131 NOK → 800 NOK. Reported fact