ADIANTE AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADIANTE AS. Revenue 1.43m NOK → 1.42m NOK (-0.5%). Equity 351.9k NOK → 2.01m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADIANTE AS.
At a glance
Scorecard
Revenue
1.43m NOK
1.42m NOK
-0.5%
Equity
351.9k NOK
2.01m NOK
+472.3%
Total assets
2.91m NOK
3.68m NOK
+26.4%
What improved
-
↑
Equity strengthened
Book equity 351.9k NOK → 2.01m NOK (equity ratio 12.1% → 54.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.43m NOK to 1.42m NOK (-0.5% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 471.4k NOK → 489.7k NOK (33% → 34% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 562.9k NOK → 641.2k NOK. Reported fact