DNO ASA: årsregnskap 2010 vs 2009
Grew 4183% on revenue, stronger earnings
approved 2011-04-29; registry 2011-06-30; journal 2011 456711
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for DNO ASA. Revenue 3.09m NOK → 132.41m NOK (+4182.5%). Net result -270.00m NOK → -59.78m NOK. Equity 1.56bn NOK → 2.22bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for DNO ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.09m NOK to 132.41m NOK (+4182.5% YoY). Calculated
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Operating result improved
Operating result -179.00m NOK → +156.00m NOK (op. margin -5789.1% → 117.8%). Calculated
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Net result improved
Net result -270.00m NOK → -59.78m NOK (net margin -8732.2% → -45.1%). Calculated
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Equity strengthened
Book equity 1.56bn NOK → 2.22bn NOK (equity ratio 39.7% → 45.5%). Calculated
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Cash rose
Bank deposits 266.6k NOK → 1.33m NOK (+398.2% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 311.34m NOK → 1.03m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 45.66m NOK → 67.90m NOK (1477% → 51% of revenue). Calculated
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COGS fell
COGS / varekostnad 4.36m NOK → 4.30m NOK (-1.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 437.9k NOK → 8.35m NOK. Reported fact