ADVENTURE 4 LIFE AS: årsregnskap 2011 vs 2010
Shrank 18% on revenue, weaker earnings
approved 2012-06-30; registry 2012-08-28; journal 2012 662893
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVENTURE 4 LIFE AS. Revenue 229.7k NOK → 188.8k NOK (-17.8%). Net result +23.0k NOK → +6 561 NOK. Equity 131.8k NOK → 130.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 114.9k NOK → 124.8k NOK (+8.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 229.7k NOK to 188.8k NOK (-17.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +29.5k NOK → -3 787 NOK (op. margin 12.8% → -2.0%). Calculated
-
↓
Net result weakened
Net result +23.0k NOK → +6 561 NOK (net margin 10.0% → 3.5%). Calculated
-
↓
Equity eroded
Book equity 131.8k NOK → 130.2k NOK (equity ratio 83.4% → 61.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3 153 NOK → 9 034 NOK (1% → 5% of revenue). Calculated