ADRESSEAVISEN AS: årsregnskap 2010 vs 2009
Grew 6% on revenue, stronger earnings
approved 2011-06-30; registry 2011-07-12; journal 2011 495385
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADRESSEAVISEN AS. Revenue 610.32m NOK → 648.51m NOK (+6.3%). Net result +13.62m NOK → +52.88m NOK. Equity 115.72m NOK → 145.85m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADRESSEAVISEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 610.32m NOK to 648.51m NOK (+6.3% YoY). Calculated
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↑
Net result improved
Net result +13.62m NOK → +52.88m NOK (net margin 2.2% → 8.2%). Calculated
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↑
Equity strengthened
Book equity 115.72m NOK → 145.85m NOK (equity ratio 34.7% → 36.9%). Calculated
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Payroll decreased
Salary cost 263.63m NOK → 213.50m NOK (43% → 33% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 148.51m NOK → 133.45m NOK (-10.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 9.46m NOK → 9.42m NOK. Reported fact