ADLER CAPITAL AS: årsregnskap 2010 vs 2009
Shrank 78% on revenue, stronger earnings
approved 2011-08-31; registry 2011-09-07; journal 2011 722103
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADLER CAPITAL AS. Revenue 454.9k NOK → 98.9k NOK (-78.3%). Net result -2.88m NOK → -165.9k NOK. Equity 2.00m NOK → 1.84m NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADLER CAPITAL AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -2.88m NOK → -165.9k NOK (net margin -634.0% → -167.7%). Calculated
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↑
Cash rose
Bank deposits 460 NOK → 461.5k NOK (+100217.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 454.9k NOK to 98.9k NOK (-78.3% YoY). Calculated
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↓
Operating result weakened
Operating result +63.7k NOK → -70.9k NOK (op. margin 14.0% → -71.6%). Calculated
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↓
Equity eroded
Book equity 2.00m NOK → 1.84m NOK (equity ratio 50.4% → 50.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 16.0k NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 22.1k NOK → 99 NOK. Reported fact