Org.nr 988 636 428 2010 → 2011 Year-over-year analysis

ADJUVANTE AS: årsregnskap 2011 vs 2010

Shrank 78% on revenue, cash halved-plus

approved 2012-08-24; registry 2012-09-15; journal 2012 781340

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADJUVANTE AS. Revenue 1.58m NOK → 345.9k NOK (-78.1%). Equity 227.5k NOK → 191.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADJUVANTE AS.

At a glance

Revenue

1.58m NOK 345.9k NOK

-78.1%

Net result

n/m -36.1k NOK

—

Equity

227.5k NOK 191.4k NOK

-15.9%

Cash

141.0k NOK 23.1k NOK

-83.6%

Total assets

680.2k NOK 504.8k NOK

-25.8%

↑
Payroll decreased

Salary cost 6.54m NOK → 14.8k NOK (415% → 4% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.58m NOK to 345.9k NOK (-78.1% YoY). Calculated
↓
Equity eroded

Book equity 227.5k NOK → 191.4k NOK (equity ratio 33.4% → 37.9%). Calculated
↓
Cash fell

Bank deposits 141.0k NOK → 23.1k NOK (-83.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 793.2k NOK → 128.7k NOK (-83.8% YoY). Calculated