ADCO EIENDOMMER AS: årsregnskap 2009 vs 2008
Shrank 74% on revenue
approved 2010-05-20; registry 2010-08-02; journal 2010 565642
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADCO EIENDOMMER AS. Revenue 10.15m NOK → 2.63m NOK (-74.1%). Equity 221.0k NOK → 863.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADCO EIENDOMMER AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 221.0k NOK → 863.0k NOK (equity ratio 0.6% → 3.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.15m NOK to 2.63m NOK (-74.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.24m NOK → +595.3k NOK (op. margin 12.2% → 22.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 241.0k NOK → 345.1k NOK (2% → 13% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 379.7k NOK → 346.7k NOK. Reported fact