Org.nr 939 611 908 2009 → 2010 Year-over-year analysis

ADMIT AS: årsregnskap 2010 vs 2009

Shrank 50% on revenue

approved 2011-06-24; registry 2011-07-14; journal 2011 504061

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADMIT AS. Revenue 6.39m NOK → 3.20m NOK (-50.0%). Equity 1.33m NOK → 2.66m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMIT AS.

At a glance

Revenue

6.39m NOK 3.20m NOK

-50.0%

Operating result

+233.8k NOK +1.78m NOK

+661.5%

Net result

n/m +1.33m NOK

—

Equity

1.33m NOK 2.66m NOK

+99.6%

Cash

172.5k NOK 394.8k NOK

+128.9%

Total assets

2.66m NOK 3.55m NOK

+33.3%

↑
Operating result improved

Operating result +233.8k NOK → +1.78m NOK (op. margin 3.7% → 55.7%). Calculated
↑
Equity strengthened

Book equity 1.33m NOK → 2.66m NOK (equity ratio 50.1% → 75.0%). Calculated
↑
Cash rose

Bank deposits 172.5k NOK → 394.8k NOK (+128.9% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.39m NOK to 3.20m NOK (-50.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 1.73m NOK → 1.35m NOK (-21.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 168.0k NOK → 2.97m NOK. Reported fact