ADAM OG EVA SKOLEN AS: årsregnskap 2009 vs 2008
Grew 107232% on revenue, slipped into loss, fresh owner capital
approved 2010-06-11; registry 2010-07-21; journal 2010 532991
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADAM OG EVA SKOLEN AS. Revenue 9 722 NOK → 10.43m NOK (+107231.9%). Net result +192.44m NOK → -1.72m NOK. Equity 733.1k NOK → -987.7k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAM OG EVA SKOLEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9 722 NOK to 10.43m NOK (+107231.9% YoY). Calculated
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↑
Cash rose
Bank deposits 1 115 NOK → 3.90m NOK (+349944.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 200 NOK → 200.0k NOK (+199.8k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +261.4k NOK → -2.40m NOK (op. margin 2689.0% → -23.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 192.44m NOK profit to a loss of 1.72m NOK. Calculated
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↓
Equity eroded
Book equity 733.1k NOK → -987.7k NOK (equity ratio 10.7% → -9.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4.83m NOK → 5.60m NOK (49705% → 54% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 502.9k NOK → 6 297 NOK (-98.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 515.5k NOK → 0 NOK. Reported fact