Org.nr 982 713 862 2008 → 2009 Year-over-year analysis

ADRENALIN AS: årsregnskap 2009 vs 2008

Shrank 60% on revenue, stronger earnings

approved 2010-06-15; registry 2010-09-02; journal 2010 682854

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADRENALIN AS. Revenue 6.68m NOK → 2.70m NOK (-59.6%). Net result +3 214 NOK → +65.0k NOK. Equity 640.9k NOK → 705.9k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRENALIN AS.

Scorecard

Revenue
6.68m NOK 2.70m NOK
-59.6%
Net result
+3 214 NOK +65.0k NOK
+1921.8%
Equity
640.9k NOK 705.9k NOK
+10.1%
Cash
605.6k NOK 661.9k NOK
+9.3%
Total assets
6.38m NOK 2.48m NOK
-61.2%

What improved

  • ↑

    Net result improved

    Net result +3 214 NOK → +65.0k NOK (net margin 0.0% → 2.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 640.9k NOK → 705.9k NOK (equity ratio 10.0% → 28.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 605.6k NOK → 661.9k NOK (+9.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.68m NOK to 2.70m NOK (-59.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 176.3k NOK → 649.1k NOK (+268.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 258.6k NOK → 150.0k NOK. Reported fact