ADMTEK AS: årsregnskap 2011 vs 2010
Shrank 100% on revenue, cash halved-plus
approved 2012-06-27; registry 2012-09-10; journal 2012 751194
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADMTEK AS. Revenue 468.9k NOK → 468 NOK (-99.9%). Equity 138.4k NOK → 60.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
468.9k NOK
468 NOK
-99.9%
Operating result
-96.6k NOK
n/m
—
Net result
-97.9k NOK
n/m
—
Equity
138.4k NOK
60.0k NOK
-56.7%
Cash
195.4k NOK
96.7k NOK
-50.5%
Total assets
197.3k NOK
98.6k NOK
-50.0%
What improved
-
↑
Payroll decreased
Salary cost 474.9k NOK → 57.8k NOK (101% → 12341% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 468.9k NOK to 468 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 138.4k NOK → 60.0k NOK (equity ratio 70.2% → 60.8%). Calculated
-
↓
Cash fell
Bank deposits 195.4k NOK → 96.7k NOK (-50.5% YoY). Calculated