ADO REVISJON AS: årsregnskap 2009 vs 2008
Grew 279% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADO REVISJON AS. Revenue 178.4k NOK → 676.6k NOK (+279.3%). Net result +107.9k NOK → +589.0k NOK. Equity 132.9k NOK → 321.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADO REVISJON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 178.4k NOK to 676.6k NOK (+279.3% YoY). Calculated
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↑
Operating result improved
Operating result +146.1k NOK → +808.3k NOK (op. margin 81.9% → 119.5%). Calculated
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↑
Net result improved
Net result +107.9k NOK → +589.0k NOK (net margin 60.5% → 87.0%). Calculated
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↑
Equity strengthened
Book equity 132.9k NOK → 321.9k NOK (equity ratio 43.7% → 151.8%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.78× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 4.65m NOK (0% → 687% of revenue). Calculated