FirmaIQ
Org.nr 861 213 102 2008 → 2009 Year-over-year analysis

ADEK AS: årsregnskap 2009 vs 2008

Shrank 6% on revenue, weaker earnings

approved 2010-06-23; registry 2010-09-20; journal 2010 761220

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADEK AS. Revenue 4.07m NOK → 3.82m NOK (-6.2%). Net result +326.2k NOK → +94.6k NOK. Equity 330.8k NOK → 425.5k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.07m NOK 3.82m NOK
-6.2%
Operating result
+366.9k NOK +145.8k NOK
-60.3%
Net result
+326.2k NOK +94.6k NOK
-71.0%
Equity
330.8k NOK 425.5k NOK
+28.6%
Total assets
457.7k NOK 1.41m NOK
+208.3%

What improved

  • ↑

    Equity strengthened

    Book equity 330.8k NOK → 425.5k NOK (equity ratio 72.3% → 30.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.79m NOK → 1.76m NOK (44% → 46% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.07m NOK to 3.82m NOK (-6.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +366.9k NOK → +145.8k NOK (op. margin 9.0% → 3.8%). Calculated

  • ↓

    Net result weakened

    Net result +326.2k NOK → +94.6k NOK (net margin 8.0% → 2.5%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 234.2k NOK → 1.32m NOK (+462.4% YoY). Calculated