Org.nr 989 204 203 2008 → 2009 Year-over-year analysis

ADVENTURE PHOTO AS: årsregnskap 2009 vs 2008

Shrank 8% on revenue

approved 2010-06-30; registry 2010-08-23; journal 2010 615514

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVENTURE PHOTO AS. Revenue 766.0k NOK → 702.2k NOK (-8.3%). Equity 127.8k NOK → 274.5k NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell.

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

At a glance

Revenue

766.0k NOK 702.2k NOK

-8.3%

Operating result

n/m +203.7k NOK

—

Net result

n/m +203.7k NOK

—

Equity

127.8k NOK 274.5k NOK

+114.7%

Total assets

393.1k NOK 386.2k NOK

-1.8%

↑
Equity strengthened

Book equity 127.8k NOK → 274.5k NOK (equity ratio 32.5% → 71.1%). Calculated
↑
Current ratio back above 1×

Current ratio -0.14× → 2.04×. Calculated
↑
Payroll decreased

Salary cost 5 712 NOK → 2 NOK (1% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 766.0k NOK to 702.2k NOK (-8.3% YoY). Calculated