FirmaIQ
Org.nr 945 697 717 2008 → 2009 Year-over-year analysis

ADLERS BILFORMIDLING AS: årsregnskap 2009 vs 2008

Shrank 31% on revenue, cash halved-plus

approved 2010-06-30; registry 2010-09-06; journal 2010 715598

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADLERS BILFORMIDLING AS. Revenue 3.83m NOK → 2.66m NOK (-30.6%). Equity 59.9k NOK → -4 996 NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADLERS BILFORMIDLING AS.

At a glance

Scorecard

Revenue
3.83m NOK 2.66m NOK
-30.6%
Equity
59.9k NOK -4 996 NOK
-108.3%
Cash
278.8k NOK 51.8k NOK
-81.4%
Total assets
979.7k NOK 594.0k NOK
-39.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.92m NOK → 1.30m NOK (50% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.83m NOK to 2.66m NOK (-30.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 59.9k NOK → -4 996 NOK (equity ratio 6.1% → -0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 278.8k NOK → 51.8k NOK (-81.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 44.4k NOK → 27.8k NOK. Reported fact