Org.nr 935 333 156 2008 → 2009 Year-over-year analysis

ADECCO NORGE AS: årsregnskap 2009 vs 2008

Shrank 29% on revenue, slipped into loss

approved 2010-05-12; registry 2010-07-05; journal 2010 478821

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADECCO NORGE AS. Revenue 3.27bn NOK → 2.33bn NOK (-28.8%). Net result +55.63m NOK → -120.18m NOK. Equity 321.5k NOK → 355.5k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; fell into a net loss.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADECCO NORGE AS.

Scorecard

Revenue
3.27bn NOK 2.33bn NOK
-28.8%
Operating result
n/m +20.99m NOK
—
Net result
+55.63m NOK -120.18m NOK
-316.0%
Equity
321.5k NOK 355.5k NOK
+10.6%
Cash
461.3k NOK 223.45m NOK
+48334.4%
Total assets
1.67bn NOK 1.22bn NOK
-26.8%

What improved

  • ↑

    Equity strengthened

    Book equity 321.5k NOK → 355.5k NOK (equity ratio 0.0% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 461.3k NOK → 223.45m NOK (+48334.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.27bn NOK to 2.33bn NOK (-28.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 55.63m NOK profit to a loss of 120.18m NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 211.01m NOK → 209.05m NOK — check capital reduction, conversion, or reclassification. Interpretation