FirmaIQ
Org.nr 986 276 475 2010 → 2011 Year-over-year analysis

ADREGA AS: årsregnskap 2011 vs 2010

A steady year on the published lines

approved 2012-06-30; registry 2012-08-25; journal 2012 651165

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADREGA AS. Revenue 1.44m NOK → 1.45m NOK (+0.7%). Net result +937 NOK → +3 666 NOK. Equity -18.33m NOK → -22.00m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
1.44m NOK 1.45m NOK
+0.7%
Net result
+937 NOK +3 666 NOK
+291.2%
Equity
-18.33m NOK -22.00m NOK
-20.0%
Cash
224.2k NOK 347.9k NOK
+55.2%
Total assets
990.3k NOK 817.2k NOK
-17.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.44m NOK to 1.45m NOK (+0.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +937 NOK → +3 666 NOK (net margin 0.1% → 0.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 224.2k NOK → 347.9k NOK (+55.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.36m NOK → 2.33m NOK (164% → 161% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -18.33m NOK → -22.00m NOK (equity ratio -1851.4% → -2692.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2692.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation