Org.nr 977 270 375 2009 → 2010 Year-over-year analysis

ADFLASH AS: årsregnskap 2010 vs 2009

Grew 50% on revenue, slipped into loss

approved 2011-05-31; registry 2011-08-08; journal 2011 563169

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADFLASH AS. Revenue 378.5k NOK → 569.2k NOK (+50.4%). Net result +843.3k NOK → -257.3k NOK. Equity 2.99m NOK → 2.66m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADFLASH AS.

Scorecard

Revenue
378.5k NOK 569.2k NOK
+50.4%
Operating result
-636.3k NOK -607.4k NOK
+4.5%
Net result
+843.3k NOK -257.3k NOK
-130.5%
Equity
2.99m NOK 2.66m NOK
-11.1%
Cash
0 NOK 9 894 NOK
—
Total assets
9.11m NOK 6.94m NOK
-23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 378.5k NOK to 569.2k NOK (+50.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -636.3k NOK → -607.4k NOK (op. margin -168.1% → -106.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 0 NOK → 9 894 NOK (None YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 843.3k NOK profit to a loss of 257.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.99m NOK → 2.66m NOK (equity ratio 32.8% → 38.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.39m NOK → 2.50m NOK. Reported fact