Org.nr 947 812 815 2010 → 2011 Year-over-year analysis

ADONIS AS: årsregnskap 2011 vs 2010

Grew 10% on revenue

approved 2012-06-29; registry 2012-09-08; journal 2012 735136

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADONIS AS. Revenue 8.95m NOK → 9.86m NOK (+10.1%). Equity 3.82m NOK → 3.98m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADONIS AS.

At a glance

Revenue

8.95m NOK 9.86m NOK

+10.1%

Operating result

+1.03m NOK +253.9k NOK

-75.3%

Net result

n/m +166.0k NOK

—

Equity

3.82m NOK 3.98m NOK

+4.3%

Cash

318.3k NOK 662.4k NOK

+108.1%

Total assets

5.70m NOK 6.68m NOK

+17.1%

↑
Revenue rose

Operating income / revenue moved from 8.95m NOK to 9.86m NOK (+10.1% YoY). Calculated
↑
Equity strengthened

Book equity 3.82m NOK → 3.98m NOK (equity ratio 67.0% → 59.7%). Calculated
↑
Cash rose

Bank deposits 318.3k NOK → 662.4k NOK (+108.1% YoY). Calculated

↓
Operating result weakened

Operating result +1.03m NOK → +253.9k NOK (op. margin 11.5% → 2.6%). Calculated

·
Payroll increased

Salary cost 3.77m NOK → 4.25m NOK (42% → 43% of revenue). Calculated
·
COGS fell

COGS / varekostnad 690.1k NOK → 408.5k NOK (-40.8% YoY). Calculated