Org.nr 989 736 965 2008 → 2009 Year-over-year analysis

ADEPT AS: årsregnskap 2009 vs 2008

Shrank 66% on revenue

approved 2010-05-28; registry 2010-06-07; journal 2010 408474

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADEPT AS. Revenue 760.9k NOK → 255.2k NOK (-66.5%). Equity 129.7k NOK → 232.7k NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
760.9k NOK 255.2k NOK
-66.5%
Operating result
+20.5k NOK +20.0k NOK
-2.8%
Net result
+5 882 NOK n/m
—
Equity
129.7k NOK 232.7k NOK
+79.4%
Cash
455.9k NOK 402.9k NOK
-11.6%
Total assets
611.3k NOK 507.2k NOK
-17.0%

What improved

  • ↑

    Equity strengthened

    Book equity 129.7k NOK → 232.7k NOK (equity ratio 21.2% → 45.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 1.47×. Calculated

  • ↑

    Payroll decreased

    Salary cost 554.2k NOK → 100.2k NOK (73% → 39% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 760.9k NOK to 255.2k NOK (-66.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +20.5k NOK → +20.0k NOK (op. margin 2.7% → 7.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 455.9k NOK → 402.9k NOK (-11.6% YoY). Calculated