Org.nr 981 709 063 2008 → 2009 Year-over-year analysis

ADITECH AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-29; registry 2010-08-30; journal 2010 657829

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADITECH AS. Revenue 2.64m NOK → 2.59m NOK (-2.0%). Equity 619.3k NOK → 645.0k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

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

Scorecard

Revenue
2.64m NOK 2.59m NOK
-2.0%
Operating result
+71.1k NOK +86.4k NOK
+21.4%
Equity
619.3k NOK 645.0k NOK
+4.2%
Cash
114.3k NOK 661.1k NOK
+478.5%
Total assets
440.0k NOK 1.17m NOK
+164.9%

What improved

  • ↑

    Operating result improved

    Operating result +71.1k NOK → +86.4k NOK (op. margin 2.7% → 3.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 619.3k NOK → 645.0k NOK (equity ratio 140.7% → 55.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 114.3k NOK → 661.1k NOK (+478.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 940.9k NOK → 922.2k NOK (36% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.64m NOK to 2.59m NOK (-2.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 252.7k NOK → 210.9k NOK (-16.6% YoY). Calculated