ADFLASH AS: årsregnskap 2009 vs 2008
Grew 8% on revenue, returned to profit, cash halved-plus
approved 2010-05-10; registry 2010-06-30; journal 2010 467955
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADFLASH AS. Revenue 350.0k NOK → 378.5k NOK (+8.1%). Net result -1.90m NOK → +843.3k NOK. Equity 2.14m NOK → 2.99m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADFLASH AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 350.0k NOK to 378.5k NOK (+8.1% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 1.90m NOK to a profit of 843.3k NOK. Calculated
-
↑
Equity strengthened
Book equity 2.14m NOK → 2.99m NOK (equity ratio 33.3% → 32.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.85× → 1.19×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 262.5k NOK → 1.26m NOK (+1.00m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result +433.6k NOK → -636.3k NOK (op. margin 123.9% → -168.1%). Calculated
-
↓
Cash fell
Bank deposits 2 211 NOK → 0 NOK (-100.0% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 2.35m NOK → 2.39m NOK. Reported fact