Org.nr 992 007 532 2009 → 2010 Year-over-year analysis

ADMTEK AS: årsregnskap 2010 vs 2009

Grew 36% on revenue, stronger earnings

approved 2011-05-27; registry 2011-08-09; journal 2011 566270

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADMTEK AS. Revenue 346.1k NOK → 468.9k NOK (+35.5%). Net result -222.18bn NOK → -97.9k NOK. Equity 236.3k NOK → 138.4k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
346.1k NOK 468.9k NOK
+35.5%
Operating result
-319.68bn NOK -96.6k NOK
+100.0%
Net result
-222.18bn NOK -97.9k NOK
+100.0%
Equity
236.3k NOK 138.4k NOK
-41.4%
Cash
266.9k NOK 195.4k NOK
-26.8%
Total assets
351.1k NOK 197.3k NOK
-43.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 346.1k NOK to 468.9k NOK (+35.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -319.68bn NOK → -96.6k NOK (op. margin -92371725.3% → -20.6%). Calculated

  • ↑

    Net result improved

    Net result -222.18bn NOK → -97.9k NOK (net margin -64199766.1% → -20.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 554.3k NOK → 474.9k NOK (160% → 101% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 236.3k NOK → 138.4k NOK (equity ratio 67.3% → 70.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 266.9k NOK → 195.4k NOK (-26.8% YoY). Calculated