Org.nr 893 020 462 2009 → 2010 Year-over-year analysis

ADMIRAL OFFSHORE AS: årsregnskap 2010 vs 2009

Returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADMIRAL OFFSHORE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -391.3k NOK → +270.1k NOK. Equity -291.3k NOK → -21.2k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRAL OFFSHORE AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-15.2k NOK -20.2k NOK
-32.5%
Net result
-391.3k NOK +270.1k NOK
+169.0%
Equity
-291.3k NOK -21.2k NOK
+92.7%
Cash
26.6k NOK n/m
—
Total assets
495.0k NOK 846.7k NOK
+71.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 391.3k NOK to a profit of 270.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -291.3k NOK → -21.2k NOK (equity ratio -58.9% → -2.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -15.2k NOK → -20.2k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.4k NOK → 0 NOK. Reported fact