FirmaIQ
Org.nr 982 713 862 2010 → 2011 Year-over-year analysis

ADRENALIN AS: årsregnskap 2011 vs 2010

Shrank 19% on revenue, stronger earnings

approved 2012-06-30; registry 2012-09-08; journal 2012 741800

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADRENALIN AS. Revenue 13.19m NOK → 10.69m NOK (-19.0%). Net result +8 162 NOK → +6.62m NOK. Equity 668.8k NOK → 1.18m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADRENALIN AS.

At a glance

Scorecard

Revenue
13.19m NOK 10.69m NOK
-19.0%
Operating result
+11.36m NOK +8.52m NOK
-25.0%
Net result
+8 162 NOK +6.62m NOK
+80955.4%
Equity
668.8k NOK 1.18m NOK
+77.1%
Cash
678.1k NOK 10.57m NOK
+1459.2%
Total assets
14.78m NOK 11.81m NOK
-20.1%

What improved

  • ↑

    Net result improved

    Net result +8 162 NOK → +6.62m NOK (net margin 0.1% → 61.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 668.8k NOK → 1.18m NOK (equity ratio 4.5% → 10.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 678.1k NOK → 10.57m NOK (+1459.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.41m NOK → 4 NOK (33% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.19m NOK to 10.69m NOK (-19.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +11.36m NOK → +8.52m NOK (op. margin 86.1% → 79.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 96.5k NOK → 35.5k NOK (-63.2% YoY). Calculated