ADVENTURE PHOTO AS: årsregnskap 2008 vs 2007
Shrank 12% on revenue
approved 2009-05-31; registry 2009-08-29
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVENTURE PHOTO AS. Revenue 867.8k NOK → 766.0k NOK (-11.7%). Equity 111.7k NOK → 127.8k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
867.8k NOK
766.0k NOK
-11.7%
Equity
111.7k NOK
127.8k NOK
+14.4%
Total assets
624.5k NOK
393.1k NOK
-37.0%
What improved
-
↑
Equity strengthened
Book equity 111.7k NOK → 127.8k NOK (equity ratio 17.9% → 32.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 867.8k NOK to 766.0k NOK (-11.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 5 712 NOK (0% → 1% of revenue). Calculated