ADM AS: årsregnskap 2009 vs 2008
A steady year on the published lines
approved 2010-04-22; registry 2010-08-04; journal 2010 568461
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADM AS. Revenue 4.33m NOK → 4.39m NOK (+1.2%). Equity 466.0k NOK → 424.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.33m NOK to 4.39m NOK (+1.2% YoY). Calculated
-
↑
Cash rose
Bank deposits 307.7k NOK → 572.3k NOK (+86.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 466.0k NOK → 424.4k NOK (equity ratio 33.6% → 30.6%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.65m NOK → 2.78m NOK (61% → 63% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 220.3k NOK → 188.3k NOK (-14.5% YoY). Calculated