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Org.nr 885 621 392 2008 → 2009 Year-over-year analysis

ADEKVAT REGNSKAP & RÅDGIVNING AS: årsregnskap 2009 vs 2008

Shrank 14% on revenue, cash halved-plus

approved 2010-05-25; registry 2010-06-16; journal 2010 425821

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADEKVAT REGNSKAP & RÅDGIVNING AS. Revenue 1.68m NOK → 1.45m NOK (-13.9%). Net result +349.9k NOK → +358.5k NOK. Equity 1 120 NOK → 1.48m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.68m NOK 1.45m NOK
-13.9%
Net result
+349.9k NOK +358.5k NOK
+2.5%
Equity
1 120 NOK 1.48m NOK
+131952.5%
Cash
708.5k NOK 1 175 NOK
-99.8%
Total assets
1.50m NOK 1.77m NOK
+17.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1 120 NOK → 1.48m NOK (equity ratio 0.1% → 83.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 957.2k NOK → 765.7k NOK (57% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.68m NOK to 1.45m NOK (-13.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 708.5k NOK → 1 175 NOK (-99.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.87× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated