FirmaIQ
Org.nr 912 808 297 2009 → 2010 Year-over-year analysis

ADOLF HORNELAND AS: årsregnskap 2010 vs 2009

Weaker earnings

approved 2011-02-21; registry 2011-03-08; journal 2011 309507

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADOLF HORNELAND AS. Revenue 606.3k NOK → 610.2k NOK (+0.6%). Net result +827.0k NOK → +292.8k NOK. Equity 3.75m NOK → 4.04m NOK.

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

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

At a glance

Scorecard

Revenue
606.3k NOK 610.2k NOK
+0.6%
Operating result
+379.8k NOK +451.1k NOK
+18.8%
Net result
+827.0k NOK +292.8k NOK
-64.6%
Equity
3.75m NOK 4.04m NOK
+7.8%
Cash
236.1k NOK 246.0k NOK
+4.2%
Total assets
6.15m NOK 6.20m NOK
+0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 606.3k NOK to 610.2k NOK (+0.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +379.8k NOK → +451.1k NOK (op. margin 62.6% → 73.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.75m NOK → 4.04m NOK (equity ratio 61.0% → 65.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 236.1k NOK → 246.0k NOK (+4.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +827.0k NOK → +292.8k NOK (net margin 136.4% → 48.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 28.0k NOK → 67.4k NOK. Reported fact