Org.nr 994 080 407 2009 → 2010 Year-over-year analysis

ADRETT AS: årsregnskap 2010 vs 2009

Grew 194785% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADRETT AS. Revenue 1 216 NOK → 2.37m NOK (+194785.0%). Equity 195.5k NOK → 313.0k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADRETT AS.

Scorecard

Revenue
1 216 NOK 2.37m NOK
+194785.0%
Operating result
+79.9k NOK +183.4k NOK
+129.5%
Net result
n/m +117.5k NOK
—
Equity
195.5k NOK 313.0k NOK
+60.1%
Total assets
621.5k NOK 824.8k NOK
+32.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 216 NOK to 2.37m NOK (+194785.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +79.9k NOK → +183.4k NOK (op. margin 6572.2% → 7.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 195.5k NOK → 313.0k NOK (equity ratio 31.5% → 38.0%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.70× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 456 NOK → 785.3k NOK (366% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 335.6k NOK → 807.4k NOK (+140.6% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact