ADHAMA HOLDING AS: årsregnskap 2010 vs 2009
Stronger earnings
approved 2011-06-08; registry 2011-06-16; journal 2011 413265
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADHAMA HOLDING AS. Revenue 22.22m NOK → 22.60m NOK (+1.7%). Net result +1 523 NOK → +524.0k NOK. Equity 1.17m NOK → 992.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADHAMA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 22.22m NOK to 22.60m NOK (+1.7% YoY). Calculated
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↑
Operating result improved
Operating result +2 283 NOK → +1.20m NOK (op. margin 0.0% → 5.3%). Calculated
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↑
Net result improved
Net result +1 523 NOK → +524.0k NOK (net margin 0.0% → 2.3%). Calculated
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↑
Cash rose
Bank deposits 20.4k NOK → 67.7k NOK (+232.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.17m NOK → 992.6k NOK (equity ratio 13.2% → 12.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.90m NOK → 2.22m NOK (9% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 16.62m NOK → 17.25m NOK (+3.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 240 NOK → 308.7k NOK. Reported fact