ADMIN AS: årsregnskap 2009 vs 2008
Grew 1729% on revenue, weaker earnings
approved 2010-06-28; registry 2010-07-31; journal 2010 562095
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADMIN AS. Revenue 2 733 NOK → 50.0k NOK (+1729.5%). Net result -19.1k NOK → -222.3k NOK. Equity 2.29m NOK → 576.8k NOK.
On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2 733 NOK to 50.0k NOK (+1729.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.00× → 1.08×. Calculated
-
↑
Payroll decreased
Salary cost 650.0k NOK → 150 NOK (23782% → 0% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -16.6k NOK → -75.7k NOK (op. margin -608.6% → -151.4%). Calculated
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↓
Net result weakened
Net result -19.1k NOK → -222.3k NOK (net margin -697.3% → -444.7%). Calculated
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↓
Equity eroded
Book equity 2.29m NOK → 576.8k NOK (equity ratio 83.7% → 45.9%). Calculated