ADCOM HOLDING AS: årsregnskap 2009 vs 2008
Shrank 24% on revenue
approved 2010-05-27; registry 2010-06-17; journal 2010 434773
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADCOM HOLDING AS. Revenue 3.31m NOK → 2.53m NOK (-23.6%). Equity 296.8k NOK → 1.29m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.31m NOK
2.53m NOK
-23.6%
Operating result
+498.4k NOK
n/m
—
Net result
+634.6k NOK
n/m
—
Equity
296.8k NOK
1.29m NOK
+336.2%
Cash
640.7k NOK
552.2k NOK
-13.8%
Total assets
1.92m NOK
1.59m NOK
-16.9%
What improved
-
↑
Equity strengthened
Book equity 296.8k NOK → 1.29m NOK (equity ratio 15.5% → 81.2%). Calculated
-
↑
Payroll decreased
Salary cost 1.18m NOK → 1 NOK (36% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.31m NOK to 2.53m NOK (-23.6% YoY). Calculated
-
↓
Cash fell
Bank deposits 640.7k NOK → 552.2k NOK (-13.8% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 515.2k NOK → 699.5k NOK (+35.8% YoY). Calculated