Org.nr 990 335 214 2008 → 2009 Year-over-year analysis

ADLIBRIS.COM AS: årsregnskap 2009 vs 2008

Grew 53% on revenue, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADLIBRIS.COM AS. Revenue 20.90m NOK → 31.94m NOK (+52.8%). Equity 1.28m NOK → 830.1k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADLIBRIS.COM AS.

Scorecard

Revenue
20.90m NOK 31.94m NOK
+52.8%
Operating result
-678.2k NOK -706.7k NOK
-4.2%
Equity
1.28m NOK 830.1k NOK
-35.0%
Cash
n/m 4.24m NOK
—
Total assets
7.21m NOK 13.46m NOK
+86.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.90m NOK to 31.94m NOK (+52.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 319.7k NOK → 830.1k NOK (+510.4k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -678.2k NOK → -706.7k NOK (op. margin -3.2% → -2.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.28m NOK → 830.1k NOK (equity ratio 17.7% → 6.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 20.25m NOK → 30.48m NOK (+50.5% YoY). Calculated