ADLIBRIS.COM AS: årsregnskap 2010 vs 2009
Shrank 96% on revenue
approved 2011-06-30; registry 2011-10-19; journal 2011 786944
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADLIBRIS.COM AS. Revenue 31.94m NOK → 1.32m NOK (-95.9%). Equity 830.1k NOK → 496.5k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADLIBRIS.COM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -706.7k NOK → -648.9k NOK (op. margin -2.2% → -49.2%). Calculated
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↑
Cash rose
Bank deposits 4.24m NOK → 4.46m NOK (+5.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 31.94m NOK to 1.32m NOK (-95.9% YoY). Calculated
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↓
Equity eroded
Book equity 830.1k NOK → 496.5k NOK (equity ratio 6.2% → 5.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation