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Org.nr 912 808 297 2008 → 2009 Year-over-year analysis

ADOLF HORNELAND AS: årsregnskap 2009 vs 2008

Stronger earnings

approved 2010-02-08; registry 2010-03-16

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADOLF HORNELAND AS. Revenue 607.3k NOK → 606.3k NOK (-0.2%). Net result +526.6k NOK → +827.0k NOK. Equity 3.82m NOK → 3.75m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
607.3k NOK 606.3k NOK
-0.2%
Operating result
+406.1k NOK +379.8k NOK
-6.5%
Net result
+526.6k NOK +827.0k NOK
+57.0%
Equity
3.82m NOK 3.75m NOK
-1.9%
Cash
121.8k NOK 236.1k NOK
+93.9%
Total assets
6.15m NOK 6.15m NOK
-0.0%

What improved

  • ↑

    Net result improved

    Net result +526.6k NOK → +827.0k NOK (net margin 86.7% → 136.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 121.8k NOK → 236.1k NOK (+93.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 607.3k NOK to 606.3k NOK (-0.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +406.1k NOK → +379.8k NOK (op. margin 66.9% → 62.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.82m NOK → 3.75m NOK (equity ratio 62.1% → 61.0%). Calculated