Org.nr 988 636 428 2008 → 2009 Year-over-year analysis

ADJUVANTE AS: årsregnskap 2009 vs 2008

Shrank 15% on revenue

approved 2010-02-22; registry 2010-03-11

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADJUVANTE AS. Revenue 3.30m NOK → 2.80m NOK (-15.1%). Equity 365.3k NOK → 385.6k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADJUVANTE AS.

Scorecard

Revenue
3.30m NOK 2.80m NOK
-15.1%
Operating result
+22.6k NOK n/m
—
Equity
365.3k NOK 385.6k NOK
+5.6%
Total assets
600.8k NOK 852.7k NOK
+41.9%

What improved

  • ↑

    Equity strengthened

    Book equity 365.3k NOK → 385.6k NOK (equity ratio 60.8% → 45.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.57m NOK → 586.5k NOK (199% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.30m NOK to 2.80m NOK (-15.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 664.8k NOK → 1.54m NOK (+131.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 50.0k NOK → 90.0k NOK. Reported fact