Org.nr 981 118 081 2010 → 2011 Year-over-year analysis

ADMINOR AS: årsregnskap 2011 vs 2010

Shrank 6% on revenue

approved 2012-01-20; registry 2012-02-23; journal 2012 305368

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADMINOR AS. Revenue 5.03m NOK → 4.73m NOK (-5.8%). Equity 913.8k NOK → 989.5k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

Mixed year — gains and pressures both show up.

At a glance

Revenue

5.03m NOK 4.73m NOK

-5.8%

Operating result

+531.81m NOK +1 017 NOK

-100.0%

Equity

913.8k NOK 989.5k NOK

+8.3%

Cash

1.83m NOK 2.17m NOK

+18.6%

Total assets

2.36m NOK 2.54m NOK

+7.6%

↑
Equity strengthened

Book equity 913.8k NOK → 989.5k NOK (equity ratio 38.8% → 39.0%). Calculated
↑
Cash rose

Bank deposits 1.83m NOK → 2.17m NOK (+18.6% YoY). Calculated
↑
Payroll decreased

Salary cost 3.59m NOK → 3.07m NOK (71% → 65% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.03m NOK to 4.73m NOK (-5.8% YoY). Calculated
↓
Operating result weakened

Operating result +531.81m NOK → +1 017 NOK (op. margin 10580.3% → 0.0%). Calculated