ADJUVANTE AS: årsregnskap 2008 vs 2007
Grew 37% on revenue
approved 2009-06-16; registry 2009-09-17
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADJUVANTE AS. Revenue 2.40m NOK → 3.30m NOK (+37.5%). Equity 361.0k NOK → 365.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADJUVANTE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.40m NOK to 3.30m NOK (+37.5% YoY). Calculated
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↑
Equity strengthened
Book equity 361.0k NOK → 365.3k NOK (equity ratio 30.2% → 60.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +65.4k NOK → +22.6k NOK (op. margin 2.7% → 0.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 489.4k NOK → 6.57m NOK (20% → 199% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 861.7k NOK → 664.8k NOK (-22.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 139.6k NOK → 50.0k NOK. Reported fact