Org.nr 988 713 597 2008 → 2009 Year-over-year analysis

ADACC INTERNATIONAL AS: årsregnskap 2009 vs 2008

Grew 32% on revenue

approved 2010-05-07; registry 2010-09-08; journal 2010 724628

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADACC INTERNATIONAL AS. Revenue 5.80m NOK → 7.67m NOK (+32.3%). Equity 500.1k NOK → 463.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADACC INTERNATIONAL AS.

Scorecard

Revenue
5.80m NOK 7.67m NOK
+32.3%
Net result
+597.4k NOK n/m
—
Equity
500.1k NOK 463.3k NOK
-7.4%
Cash
262.1k NOK 524.7k NOK
+100.2%
Total assets
2.33m NOK 3.25m NOK
+39.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.80m NOK to 7.67m NOK (+32.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 262.1k NOK → 524.7k NOK (+100.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 500.1k NOK → 463.3k NOK (equity ratio 21.4% → 14.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.77m NOK → 5.84m NOK (65% → 76% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 3 200 NOK. Reported fact