FirmaIQ
Org.nr 979 671 474 2008 → 2009 Year-over-year analysis

ADAPT CONSULTING AS: årsregnskap 2009 vs 2008

Shrank 6% on revenue, stronger earnings

approved 2010-05-07; registry 2010-05-11

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADAPT CONSULTING AS. Revenue 7.38m NOK → 6.91m NOK (-6.3%). Net result +512.7k NOK → +803.7k NOK. Equity 2.42m NOK → 2.22m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAPT CONSULTING AS.

At a glance

Scorecard

Revenue
7.38m NOK 6.91m NOK
-6.3%
Operating result
+1.99m NOK +1.06m NOK
-46.5%
Net result
+512.7k NOK +803.7k NOK
+56.8%
Equity
2.42m NOK 2.22m NOK
-8.1%
Total assets
6.28m NOK 6.79m NOK
+8.2%

What improved

  • ↑

    Net result improved

    Net result +512.7k NOK → +803.7k NOK (net margin 6.9% → 11.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.38m NOK to 6.91m NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.99m NOK → +1.06m NOK (op. margin 26.9% → 15.4%). Calculated

  • ↓

    Equity eroded

    Book equity 2.42m NOK → 2.22m NOK (equity ratio 38.5% → 32.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.45m NOK → 4.55m NOK (47% → 66% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 221.2k NOK → 186.7k NOK. Reported fact