FirmaIQ
Org.nr 989 107 151 2010 → 2011 Year-over-year analysis

ADINE AS: årsregnskap 2011 vs 2010

Shrank 20% on revenue, weaker earnings

approved 2012-06-30; registry 2012-07-05; journal 2012 504264

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADINE AS. Revenue 120.0k NOK → 96.0k NOK (-20.0%). Net result +207.6k NOK → +160.0k NOK. Equity 7.48m NOK → 7.64m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
120.0k NOK 96.0k NOK
-20.0%
Operating result
+105.3k NOK +82.4k NOK
-21.8%
Net result
+207.6k NOK +160.0k NOK
-22.9%
Equity
7.48m NOK 7.64m NOK
+2.1%
Cash
n/m 959.2k NOK
—
Total assets
8.30m NOK 8.26m NOK
-0.4%

What improved

  • ↑

    Equity strengthened

    Book equity 7.48m NOK → 7.64m NOK (equity ratio 90.2% → 92.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 120.0k NOK to 96.0k NOK (-20.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +105.3k NOK → +82.4k NOK (op. margin 87.8% → 85.8%). Calculated

  • ↓

    Net result weakened

    Net result +207.6k NOK → +160.0k NOK (net margin 173.0% → 166.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.53m NOK → 7.30m NOK. Reported fact