Org.nr 811 673 862 2007 → 2008 Year-over-year analysis

ADELIN AS: årsregnskap 2008 vs 2007

Shrank 28% on revenue

approved 2009-03-18; registry 2009-03-25

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADELIN AS. Revenue 17.24m NOK → 12.39m NOK (-28.1%). Equity 3.75m NOK → 3.28m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Revenue

17.24m NOK 12.39m NOK

-28.1%

Operating result

+4.61m NOK -642.1k NOK

-113.9%

Net result

+210.4k NOK n/m

—

Equity

3.75m NOK 3.28m NOK

-12.7%

Cash

1.11m NOK 9.44m NOK

+751.4%

Total assets

6.45m NOK 5.89m NOK

-8.7%

↑
Cash rose

Bank deposits 1.11m NOK → 9.44m NOK (+751.4% YoY). Calculated
↑
Payroll decreased

Salary cost 4.24m NOK → 4.00m NOK (25% → 32% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 17.24m NOK to 12.39m NOK (-28.1% YoY). Calculated
↓
Operating result weakened

Operating result +4.61m NOK → -642.1k NOK (op. margin 26.8% → -5.2%). Calculated
↓
Equity eroded

Book equity 3.75m NOK → 3.28m NOK (equity ratio 58.2% → 55.7%). Calculated
↓
COGS moved

COGS / varekostnad 6.54m NOK → 6.97m NOK (+6.5% YoY). Calculated