ADONIS AS: årsregnskap 2010 vs 2009
Grew 26% on revenue
approved 2011-06-24; registry 2011-06-29; journal 2011 450467
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADONIS AS. Revenue 7.10m NOK → 8.95m NOK (+26.1%). Equity 3.04m NOK → 3.82m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADONIS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.10m NOK to 8.95m NOK (+26.1% YoY). Calculated
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↑
Equity strengthened
Book equity 3.04m NOK → 3.82m NOK (equity ratio 61.9% → 67.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 403.8k NOK → 318.3k NOK (-21.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.47× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 3.76m NOK → 3.77m NOK (53% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 313.6k NOK → 690.1k NOK (+120.0% YoY). Calculated