FirmaIQ
Org.nr 951 237 205 2010 → 2011 Year-over-year analysis

ADRIAN AS: årsregnskap 2011 vs 2010

Shrank 74% on revenue, slipped into loss

approved 2012-07-30; registry 2012-08-22; journal 2012 634034

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADRIAN AS. Revenue 15.38m NOK → 4.07m NOK (-73.6%). Net result +13.39m NOK → -3.79m NOK. Equity 88.90m NOK → 85.10m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRIAN AS.

At a glance

Scorecard

Revenue
15.38m NOK 4.07m NOK
-73.6%
Net result
+13.39m NOK -3.79m NOK
-128.3%
Equity
88.90m NOK 85.10m NOK
-4.3%
Cash
10.85m NOK 24.61m NOK
+126.7%
Total assets
121.06m NOK 112.30m NOK
-7.2%

What improved

  • ↑

    Cash rose

    Bank deposits 10.85m NOK → 24.61m NOK (+126.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.38m NOK to 4.07m NOK (-73.6% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 13.39m NOK profit to a loss of 3.79m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 88.90m NOK → 85.10m NOK (equity ratio 73.4% → 75.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 494.9k NOK → 696.0k NOK (3% → 17% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 45.48m NOK → 35.82m NOK. Reported fact