ADITECH AS: årsregnskap 2010 vs 2009
Grew 72% on revenue
approved 2011-06-30; registry 2011-08-27; journal 2011 640410
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADITECH AS. Revenue 2.59m NOK → 4.45m NOK (+71.9%). Equity 645.0k NOK → 385.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADITECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.59m NOK to 4.45m NOK (+71.9% YoY). Calculated
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↑
Cash rose
Bank deposits 661.1k NOK → 818.0k NOK (+23.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +86.4k NOK → -259.9k NOK (op. margin 3.3% → -5.8%). Calculated
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↓
Equity eroded
Book equity 645.0k NOK → 385.1k NOK (equity ratio 55.3% → 31.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 922.2k NOK → 1.11m NOK (36% → 25% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 210.9k NOK → 3.15m NOK (+1394.0% YoY). Calculated