ADURNA AS: årsregnskap 2010 vs 2009
Shrank 33% on revenue, weaker earnings
approved 2011-06-07; registry 2011-06-30; journal 2011 456683
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADURNA AS. Revenue 284.4k NOK → 191.2k NOK (-32.8%). Net result +938.8k NOK → +639.4k NOK. Equity -2.22m NOK → -1.58m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADURNA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -2.22m NOK → -1.58m NOK (equity ratio -15.8% → -11.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 284.4k NOK to 191.2k NOK (-32.8% YoY). Calculated
-
↓
Operating result weakened
Operating result -411.6k NOK → -546.6k NOK (op. margin -144.7% → -285.8%). Calculated
-
↓
Net result weakened
Net result +938.8k NOK → +639.4k NOK (net margin 330.1% → 334.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 413.9k NOK → 518.8k NOK (146% → 271% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6.30m NOK → 6.85m NOK. Reported fact