Org.nr 989 736 965 2009 → 2010 Year-over-year analysis

ADEPT AS: årsregnskap 2010 vs 2009

Shrank 80% on revenue, cash halved-plus

approved 2011-06-21; registry 2011-06-28; journal 2011 446963

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADEPT AS. Revenue 255.2k NOK → 51.0k NOK (-80.0%). Equity 232.7k NOK → 139.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
255.2k NOK 51.0k NOK
-80.0%
Operating result
+20.0k NOK -90.7k NOK
-553.9%
Equity
232.7k NOK 139.4k NOK
-40.1%
Cash
402.9k NOK 41.9k NOK
-89.6%
Total assets
507.2k NOK 317.0k NOK
-37.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 100.2k NOK → 6 821 NOK (39% → 13% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 255.2k NOK to 51.0k NOK (-80.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +20.0k NOK → -90.7k NOK (op. margin 7.8% → -177.7%). Calculated

  • ↓

    Equity eroded

    Book equity 232.7k NOK → 139.4k NOK (equity ratio 45.9% → 44.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 402.9k NOK → 41.9k NOK (-89.6% YoY). Calculated