Org.nr 991 478 000 2008 → 2009 Year-over-year analysis

ADFUNC AS: årsregnskap 2009 vs 2008

Grew 3714% on revenue

approved 2009-05-31; registry 2010-06-28; journal 2010 460675

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADFUNC AS. Revenue 50.0k NOK → 1.91m NOK (+3713.8%). Equity 349.1k NOK → 345.7k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADFUNC AS.

Scorecard

Revenue
50.0k NOK 1.91m NOK
+3713.8%
Operating result
+69.1k NOK -84.3k NOK
-222.0%
Net result
n/m -3 426 NOK
—
Equity
349.1k NOK 345.7k NOK
-1.0%
Cash
166.2k NOK 128.8k NOK
-22.5%
Total assets
332.4k NOK 1.10m NOK
+229.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.0k NOK to 1.91m NOK (+3713.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.31× → 1.14×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +69.1k NOK → -84.3k NOK (op. margin 138.2% → -4.4%). Calculated

  • ↓

    Equity eroded

    Book equity 349.1k NOK → 345.7k NOK (equity ratio 105.0% → 31.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 166.2k NOK → 128.8k NOK (-22.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 543.4k NOK → 839.3k NOK (+54.4% YoY). Calculated