Org.nr 811 673 862 2009 → 2010 Year-over-year analysis

ADELIN AS: årsregnskap 2010 vs 2009

Shrank 11% on revenue, cash halved-plus

approved 2011-05-11; registry 2011-05-19; journal 2011 370688

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADELIN AS. Revenue 12.34m NOK → 10.96m NOK (-11.2%). Equity 2.76m NOK → 2.11m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADELIN AS.

At a glance

Revenue

12.34m NOK 10.96m NOK

-11.2%

Equity

2.76m NOK 2.11m NOK

-23.6%

Cash

459.8k NOK -4 385 NOK

-101.0%

Total assets

5.35m NOK 4.50m NOK

-15.8%

↓
Revenue fell

Operating income / revenue moved from 12.34m NOK to 10.96m NOK (-11.2% YoY). Calculated
↓
Equity eroded

Book equity 2.76m NOK → 2.11m NOK (equity ratio 51.6% → 46.9%). Calculated
↓
Cash fell

Bank deposits 459.8k NOK → -4 385 NOK (-101.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.60m NOK → 3.62m NOK (29% → 33% of revenue). Calculated

·
COGS fell

COGS / varekostnad 6.92m NOK → 5.92m NOK (-14.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 66.0k NOK → 16.0k NOK. Reported fact