Org.nr 989 218 190 2007 → 2008 Year-over-year analysis

ADAKS HOLDING AS: årsregnskap 2008 vs 2007

Cash halved-plus

approved 2009-06-30; registry 2009-09-14

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADAKS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 1.15m NOK → 602.8k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ADAKS HOLDING AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-26.3k NOK n/m

—

Net result

+95.7k NOK n/m

—

Equity

1.15m NOK 602.8k NOK

-47.5%

Cash

1.39m NOK 333.5k NOK

-75.9%

Total assets

3.63m NOK 2.81m NOK

-22.4%

↓
Equity eroded

Book equity 1.15m NOK → 602.8k NOK (equity ratio 31.7% → 21.4%). Calculated
↓
Cash fell

Bank deposits 1.39m NOK → 333.5k NOK (-75.9% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.39m NOK → 333.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Paid-in equity reduced

Paid-in equity fell 1.05m NOK → 553.5k NOK — check capital reduction, conversion, or reclassification. Interpretation