FirmaIQ
Org.nr 983 847 412 2008 → 2009 Year-over-year analysis

ADCARE AS: årsregnskap 2009 vs 2008

Grew 1133% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADCARE AS. Revenue 11.47m NOK → 141.48m NOK (+1133.4%). Net result +988.3k NOK → +398.0k NOK. Equity 353.2k NOK → 1.75m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADCARE AS.

At a glance

Scorecard

Revenue
11.47m NOK 141.48m NOK
+1133.4%
Net result
+988.3k NOK +398.0k NOK
-59.7%
Equity
353.2k NOK 1.75m NOK
+395.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.47m NOK to 141.48m NOK (+1133.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 353.2k NOK → 1.75m NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.39m NOK → 2 008 NOK (21% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +988.3k NOK → +398.0k NOK (net margin 8.6% → 0.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.08m NOK → 6.48m NOK (+6.6% YoY). Calculated