Org.nr 964 802 424 2008 → 2009 Year-over-year analysis

AD METAM AS: årsregnskap 2009 vs 2008

Shrank 12% on revenue

approved 2010-06-28; registry 2010-07-13; journal 2010 494317

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AD METAM AS. Revenue 22.58m NOK → 19.87m NOK (-12.0%). Equity 2.61m NOK → 2.85m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD METAM AS.

At a glance

Revenue

22.58m NOK 19.87m NOK

-12.0%

Operating result

+1.20m NOK +133.7k NOK

-88.9%

Equity

2.61m NOK 2.85m NOK

+9.2%

Total assets

9.16m NOK 7.82m NOK

-14.6%

↑
Equity strengthened

Book equity 2.61m NOK → 2.85m NOK (equity ratio 28.5% → 36.4%). Calculated

↓
Revenue fell

Operating income / revenue moved from 22.58m NOK to 19.87m NOK (-12.0% YoY). Calculated
↓
Operating result weakened

Operating result +1.20m NOK → +133.7k NOK (op. margin 5.3% → 0.7%). Calculated
↓
Payroll up without matching revenue

Salary cost 6.22m NOK → 6.63m NOK (28% → 33% of revenue). Calculated

·
COGS fell

COGS / varekostnad 11.26m NOK → 501.2k NOK (-95.5% YoY). Calculated