FirmaIQ
Org.nr 981 118 081 2007 → 2008 Year-over-year analysis

ADMINOR AS: årsregnskap 2008 vs 2007

Grew 5% on revenue

approved 2008-01-31; registry 2009-03-14

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADMINOR AS. Revenue 5.11m NOK → 5.36m NOK (+5.0%). Net result +837.9k NOK → +712.7k NOK. Equity 992.4k NOK → 55.1k NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADMINOR AS.

At a glance

Scorecard

Revenue
5.11m NOK 5.36m NOK
+5.0%
Net result
+837.9k NOK +712.7k NOK
-14.9%
Equity
992.4k NOK 55.1k NOK
-94.4%
Cash
2.55m NOK 2.38m NOK
-6.7%
Total assets
3.17m NOK 2.86m NOK
-9.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.11m NOK to 5.36m NOK (+5.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +837.9k NOK → +712.7k NOK (net margin 16.4% → 13.3%). Calculated

  • ↓

    Equity eroded

    Book equity 992.4k NOK → 55.1k NOK (equity ratio 31.3% → 1.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.55m NOK → 2.38m NOK (-6.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.40m NOK → 3.69m NOK (67% → 69% of revenue). Calculated