ADEK AS: årsregnskap 2008 vs 2007
Grew 29% on revenue, stronger earnings
approved 2009-04-28; registry 2009-05-11
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADEK AS. Revenue 3.16m NOK → 4.07m NOK (+28.8%). Net result +34.6k NOK → +326.2k NOK. Equity 4 684 NOK → 330.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADEK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.16m NOK to 4.07m NOK (+28.8% YoY). Calculated
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↑
Operating result improved
Operating result +52.6k NOK → +366.9k NOK (op. margin 1.7% → 9.0%). Calculated
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↑
Net result improved
Net result +34.6k NOK → +326.2k NOK (net margin 1.1% → 8.0%). Calculated
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↑
Equity strengthened
Book equity 4 684 NOK → 330.8k NOK (equity ratio 0.5% → 72.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 587.0k NOK → 1.79m NOK (19% → 44% of revenue). Calculated
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COGS fell
COGS / varekostnad 890.1k NOK → 234.2k NOK (-73.7% YoY). Calculated