FirmaIQ
Org.nr 976 145 178 2007 → 2008 Year-over-year analysis

ADDSECURE AS: årsregnskap 2008 vs 2007

Grew 32% on revenue

approved 2009-06-11; registry 2009-07-20

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADDSECURE AS. Revenue 40.54m NOK → 53.53m NOK (+32.1%). Equity 20.64m NOK → 31.43m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.

At a glance

Scorecard

Revenue
40.54m NOK 53.53m NOK
+32.1%
Equity
20.64m NOK 31.43m NOK
+52.3%
Total assets
38.07m NOK 45.95m NOK
+20.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.54m NOK to 53.53m NOK (+32.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 20.64m NOK → 31.43m NOK (equity ratio 54.2% → 68.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.39m NOK → 60.24m NOK (+9.85m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 13.80m NOK → 16.36m NOK (34% → 31% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 20.08m NOK → 23.43m NOK (+16.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 400.8k NOK → 10.73m NOK. Reported fact