ADOBE SYSTEMS NORGE AS: årsregnskap 2008 vs 2007
Shrank 23% on revenue
approved 2009-05-28; registry 2009-06-30
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADOBE SYSTEMS NORGE AS. Revenue 10.26m NOK → 7.87m NOK (-23.4%).
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
10.26m NOK
7.87m NOK
-23.4%
Operating result
+1.90m NOK
+1.91m NOK
+0.5%
Equity
n/m
367.12m NOK
—
Cash
1.88m NOK
4.20m NOK
+123.1%
Total assets
5.55m NOK
5.43m NOK
-2.2%
What improved
-
↑
Operating result improved
Operating result +1.90m NOK → +1.91m NOK (op. margin 18.5% → 24.3%). Calculated
-
↑
Cash rose
Bank deposits 1.88m NOK → 4.20m NOK (+123.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.26m NOK to 7.87m NOK (-23.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.47m NOK → 3.82m NOK (34% → 49% of revenue). Calculated