ADFUNC AS: årsregnskap 2011 vs 2010
Shrank 19% on revenue, cash halved-plus
approved 2012-05-07; registry 2012-07-14; journal 2012 532446
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADFUNC AS. Revenue 2.36m NOK → 1.92m NOK (-18.8%). Net result -94.3k NOK → -101.6k NOK. Equity 251.5k NOK → 149.9k NOK.
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 ADFUNC AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.36m NOK to 1.92m NOK (-18.8% YoY). Calculated
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↓
Operating result weakened
Operating result +101.5k NOK → +76.5k NOK (op. margin 4.3% → 4.0%). Calculated
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↓
Net result weakened
Net result -94.3k NOK → -101.6k NOK (net margin -4.0% → -5.3%). Calculated
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↓
Equity eroded
Book equity 251.5k NOK → 149.9k NOK (equity ratio 28.9% → 22.7%). Calculated
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↓
Cash fell
Bank deposits 424.3k NOK → 178.6k NOK (-57.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 855.6k NOK → 651.4k NOK (-23.9% YoY). Calculated