Org.nr 967 070 246 2008 → 2009 Year-over-year analysis

ADMINS AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-02-10; registry 2010-02-20

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADMINS AS. Revenue 3.22m NOK → 3.36m NOK (+4.4%). Equity 196.4k NOK → 211.5k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.

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

At a glance

Revenue

3.22m NOK 3.36m NOK

+4.4%

Operating result

+410.2k NOK +373.0k NOK

-9.1%

Net result

+335.7k NOK n/m

—

Equity

196.4k NOK 211.5k NOK

+7.7%

Total assets

1.48m NOK 1.23m NOK

-16.8%

↑
Revenue rose

Operating income / revenue moved from 3.22m NOK to 3.36m NOK (+4.4% YoY). Calculated
↑
Equity strengthened

Book equity 196.4k NOK → 211.5k NOK (equity ratio 13.3% → 17.2%). Calculated

↓
Operating result weakened

Operating result +410.2k NOK → +373.0k NOK (op. margin 12.7% → 11.1%). Calculated

·
Payroll increased

Salary cost 1.69m NOK → 2.58m NOK (53% → 77% of revenue). Calculated
·
COGS fell

COGS / varekostnad 881.4k NOK → 154.0k NOK (-82.5% YoY). Calculated