AD INVEST AS: årsregnskap 2009 vs 2008
Slipped into loss
approved 2010-06-30; registry 2010-09-02; journal 2010 682536
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AD INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +4.93m NOK → -174.4k NOK. Equity 331.8k NOK → 157.4k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AD INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -39.0k NOK → -10.6k NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 4.93m NOK profit to a loss of 174.4k NOK. Calculated
-
↓
Equity eroded
Book equity 331.8k NOK → 157.4k NOK (equity ratio 4.7% → 2.2%). Calculated
-
↓
Cash fell
Bank deposits 227.3k NOK → 121.9k NOK (-46.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 6.63m NOK → 6.76m NOK. Reported fact