Org.nr 951 237 205 2008 → 2009 Year-over-year analysis

ADRIAN AS: årsregnskap 2009 vs 2008

Returned to profit

approved 2010-07-25; registry 2010-09-02; journal 2010 689262

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADRIAN AS. Net result -43.47m NOK → +9 073 NOK. Equity 66.96m NOK → 75.51m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADRIAN AS.

At a glance

Revenue

n/m 9.77m NOK

—

Operating result

-4.03m NOK n/m

—

Net result

-43.47m NOK +9 073 NOK

+100.0%

Equity

66.96m NOK 75.51m NOK

+12.8%

Cash

3.36m NOK 10.03m NOK

+198.3%

Total assets

102.40m NOK 107.64m NOK

+5.1%

↑
Turned profitable

Net result flipped from a loss of 43.47m NOK to a profit of 9 073 NOK. Calculated
↑
Equity strengthened

Book equity 66.96m NOK → 75.51m NOK (equity ratio 65.4% → 70.1%). Calculated
↑
Cash rose

Bank deposits 3.36m NOK → 10.03m NOK (+198.3% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.67× → 1.53×. Calculated

·
Payroll increased

Salary cost 377.8k NOK → 384.0k NOK. Calculated
·
Book investments changed

Investment / intangible book value 77.72m NOK → 57.19m NOK. Reported fact