Org.nr 986 947 132 2008 → 2009 Year-over-year analysis

ADRENALINEVENT AS: årsregnskap 2009 vs 2008

Shrank 13% on revenue

approved 2010-06-30; registry 2010-09-04; journal 2010 710918

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADRENALINEVENT AS. Revenue 648.9k NOK → 563.9k NOK (-13.1%). Equity 267.5k NOK → 240.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADRENALINEVENT AS.

At a glance

Revenue

648.9k NOK 563.9k NOK

-13.1%

Net result

+58.9k NOK n/m

—

Equity

267.5k NOK 240.1k NOK

-10.2%

Cash

167.2k NOK 155.8k NOK

-6.8%

Total assets

493.5k NOK 370.7k NOK

-24.9%

↑
Payroll decreased

Salary cost 226.7k NOK → 189.2k NOK (35% → 34% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 648.9k NOK to 563.9k NOK (-13.1% YoY). Calculated
↓
Equity eroded

Book equity 267.5k NOK → 240.1k NOK (equity ratio 54.2% → 64.8%). Calculated
↓
Cash fell

Bank deposits 167.2k NOK → 155.8k NOK (-6.8% YoY). Calculated

·
COGS fell

COGS / varekostnad 216.3k NOK → 168.3k NOK (-22.2% YoY). Calculated