Org.nr 939 611 908 2008 → 2009 Year-over-year analysis

ADMIT AS: årsregnskap 2009 vs 2008

Grew 18% on revenue

approved 2010-06-16; registry 2010-08-14; journal 2010 589752

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADMIT AS. Revenue 5.42m NOK → 6.39m NOK (+17.9%). Equity 1 165 NOK → 1.33m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMIT AS.

At a glance

Revenue

5.42m NOK 6.39m NOK

+17.9%

Operating result

+315.2k NOK +233.8k NOK

-25.8%

Net result

+166.5k NOK n/m

—

Equity

1 165 NOK 1.33m NOK

+114297.4%

Cash

316.2k NOK 172.5k NOK

-45.4%

Total assets

2.03m NOK 2.66m NOK

+30.9%

↑
Revenue rose

Operating income / revenue moved from 5.42m NOK to 6.39m NOK (+17.9% YoY). Calculated
↑
Equity strengthened

Book equity 1 165 NOK → 1.33m NOK (equity ratio 0.1% → 50.1%). Calculated

↓
Operating result weakened

Operating result +315.2k NOK → +233.8k NOK (op. margin 5.8% → 3.7%). Calculated
↓
Cash fell

Bank deposits 316.2k NOK → 172.5k NOK (-45.4% YoY). Calculated

·
Payroll increased

Salary cost 2.50m NOK → 2.93m NOK (46% → 46% of revenue). Calculated
·
COGS moved

COGS / varekostnad 441.5k NOK → 1.73m NOK (+292.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 856.0k NOK → 168.0k NOK. Reported fact