FirmaIQ
Org.nr 995 981 661 2010 → 2011 Year-over-year analysis

ADR ELEKTRO AS: årsregnskap 2011 vs 2010

Grew 359156% on revenue

approved 2012-04-20; registry 2012-06-13; journal 2012 423845

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADR ELEKTRO AS. Revenue 1 202 NOK → 4.32m NOK (+359155.9%). Net result 0 NOK → 0 NOK. Equity 5 168 NOK → -115.5k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADR ELEKTRO AS.

At a glance

Scorecard

Revenue
1 202 NOK 4.32m NOK
+359155.9%
Net result
0 NOK 0 NOK
0.0%
Equity
5 168 NOK -115.5k NOK
-2334.9%
Cash
n/m 0 NOK
—
Total assets
898.4k NOK 760.8k NOK
-15.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 202 NOK to 4.32m NOK (+359155.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5 168 NOK → -115.5k NOK (equity ratio 0.6% → -15.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.23× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation