Org.nr 976 145 178 2008 → 2009 Year-over-year analysis

ADDSECURE AS: årsregnskap 2009 vs 2008

Grew 40% on revenue

approved 2010-05-20; registry 2010-06-08; journal 2010 409292

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADDSECURE AS. Revenue 53.53m NOK → 74.86m NOK (+39.9%). Equity 31.43m NOK → 59.74m 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.

Scorecard

Revenue
53.53m NOK 74.86m NOK
+39.9%
Net result
n/m +19.61m NOK
—
Equity
31.43m NOK 59.74m NOK
+90.1%
Cash
n/m 5.03m NOK
—
Total assets
45.95m NOK 85.10m NOK
+85.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 53.53m NOK to 74.86m NOK (+39.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 31.43m NOK → 59.74m NOK (equity ratio 68.4% → 70.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 60.24m NOK → 68.95m NOK (+8.71m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 16.36m NOK → 21.80m NOK (31% → 29% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 23.43m NOK → 34.79m NOK (+48.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.73m NOK → 22.71m NOK. Reported fact