ADACON AS: årsregnskap 2009 vs 2008
Shrank 8% on revenue
approved 2010-03-24; registry 2010-03-30
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADACON AS. Revenue 1.73m NOK → 1.59m NOK (-8.1%). Net result +430.4k NOK → +395.7k NOK. Equity 1 133 NOK → 1.51m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACON AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1 133 NOK → 1.51m NOK (equity ratio 0.1% → 79.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 4.35×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.73m NOK to 1.59m NOK (-8.1% YoY). Calculated
-
↓
Net result weakened
Net result +430.4k NOK → +395.7k NOK (net margin 24.9% → 24.9%). Calculated
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↓
Cash fell
Bank deposits 938.2k NOK → 476.0k NOK (-49.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 190.9k NOK → 165.2k NOK. Reported fact