Org.nr 987 992 883 2007 → 2008 Year-over-year analysis

ADMINCONTROL AS: årsregnskap 2008 vs 2007

Grew 234% on revenue

approved 2009-03-12; registry 2009-08-17

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADMINCONTROL AS. Revenue 190.0k NOK → 634.2k NOK (+233.8%). Equity 3.63m NOK → 1.35m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMINCONTROL AS.

At a glance

Revenue

190.0k NOK 634.2k NOK

+233.8%

Operating result

-1.03m NOK -2.37m NOK

-129.2%

Net result

-986.9k NOK n/m

—

Equity

3.63m NOK 1.35m NOK

-62.9%

Total assets

844.2k NOK 835.7k NOK

-1.0%

↑
Revenue rose

Operating income / revenue moved from 190.0k NOK to 634.2k NOK (+233.8% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 633.9k NOK → 659.9k NOK (+26.0k NOK). Reported fact
↑
Payroll decreased

Salary cost 703.5k NOK → 3 NOK (370% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result -1.03m NOK → -2.37m NOK (op. margin -543.0% → -373.0%). Calculated
↓
Equity eroded

Book equity 3.63m NOK → 1.35m NOK (equity ratio 430.5% → 161.2%). Calculated