FirmaIQ
Org.nr 981 118 081 2008 → 2009 Year-over-year analysis

ADMINOR AS: årsregnskap 2009 vs 2008

Weaker earnings

approved 2010-01-27; registry 2010-03-10

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADMINOR AS. Revenue 5.36m NOK → 5.57m NOK (+3.8%). Net result +712.7k NOK → +527.1k NOK. Equity 55.1k NOK → 882.2k NOK.

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

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

At a glance

Scorecard

Revenue
5.36m NOK 5.57m NOK
+3.8%
Net result
+712.7k NOK +527.1k NOK
-26.0%
Equity
55.1k NOK 882.2k NOK
+1500.3%
Cash
2.38m NOK 1.86m NOK
-21.8%
Total assets
2.86m NOK 2.44m NOK
-14.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.36m NOK to 5.57m NOK (+3.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 55.1k NOK → 882.2k NOK (equity ratio 1.9% → 36.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +712.7k NOK → +527.1k NOK (net margin 13.3% → 9.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.38m NOK → 1.86m NOK (-21.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.69m NOK → 4.07m NOK (69% → 73% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 16.8k NOK → 7 700 NOK (-54.1% YoY). Calculated