Org.nr 992 664 568 2009 → 2010 Year-over-year analysis

ADRESSEAVISEN AS: årsregnskap 2010 vs 2009

Grew 6% on revenue, stronger earnings

approved 2011-06-30; registry 2011-07-12; journal 2011 495385

Full company analysis · All year comparisons

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.

Scorecard

Revenue
610.32m NOK 648.51m NOK
+6.3%
Operating result
n/m +35.4k NOK
—
Net result
+13.62m NOK +52.88m NOK
+288.2%
Equity
115.72m NOK 145.85m NOK
+26.0%
Total assets
333.45m NOK 395.12m NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 610.32m NOK to 648.51m NOK (+6.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +13.62m NOK → +52.88m NOK (net margin 2.2% → 8.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 115.72m NOK → 145.85m NOK (equity ratio 34.7% → 36.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 263.63m NOK → 213.50m NOK (43% → 33% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 148.51m NOK → 133.45m NOK (-10.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.46m NOK → 9.42m NOK. Reported fact