ADINIB AS: årsregnskap 2011 vs 2010
Grew 17% on revenue, stronger earnings
approved 2012-06-30; registry 2012-09-11; journal 2012 757904
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADINIB AS. Revenue 96.3k NOK → 113.0k NOK (+17.4%). Net result -514.8k NOK → -56.7k NOK. Equity 2.13m NOK → 71.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADINIB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 96.3k NOK to 113.0k NOK (+17.4% YoY). Calculated
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↑
Operating result improved
Operating result -534.9k NOK → -83.7k NOK (op. margin -555.4% → -74.1%). Calculated
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↑
Net result improved
Net result -514.8k NOK → -56.7k NOK (net margin -534.6% → -50.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.13m NOK → 71.7k NOK (equity ratio 48.4% → 1.7%). Calculated
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↓
Cash fell
Bank deposits 787.4k NOK → 768.1k NOK (-2.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation