FirmaIQ
Org.nr 988 774 677 2008 → 2009 Year-over-year analysis

ADDCON NORDIC AS: årsregnskap 2009 vs 2008

Shrank 100% on revenue

approved 2010-06-30; registry 2010-08-18; journal 2010 598527

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADDCON NORDIC AS. Revenue 388.75m NOK → 417.7k NOK (-99.9%). Equity 37.00m NOK → 33.05m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDCON NORDIC AS.

At a glance

Scorecard

Revenue
388.75m NOK 417.7k NOK
-99.9%
Operating result
n/m -2.10m NOK
—
Net result
n/m +3.62m NOK
—
Equity
37.00m NOK 33.05m NOK
-10.7%
Cash
2.94m NOK 7.24m NOK
+145.9%
Total assets
288.43m NOK 319.4k NOK
-99.9%

What improved

  • ↑

    Cash rose

    Bank deposits 2.94m NOK → 7.24m NOK (+145.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 388.75m NOK to 417.7k NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 37.00m NOK → 33.05m NOK (equity ratio 12.8% → 10345.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 37.00m NOK → 33.05m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 303.53m NOK → 332.4k NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.92m NOK → 24.42m NOK. Reported fact