ADLER AS: årsregnskap 2011 vs 2010
Shrank 8% on revenue
approved 2012-04-13; registry 2012-05-02; journal 2012 357097
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADLER AS. Revenue 3.02m NOK → 2.79m NOK (-7.7%). Equity 5.79m NOK → 6.60m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADLER AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 5.79m NOK → 6.60m NOK (equity ratio 27.2% → 30.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.02m NOK to 2.79m NOK (-7.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.58× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 11.00m NOK → 12.20m NOK. Reported fact