ADAMS EIENDOM AS: årsregnskap 2009 vs 2008
Another loss-making year
approved 2010-03-24; registry 2010-04-15
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADAMS EIENDOM AS. Net result -1.28m NOK → -1.04m NOK. Equity 5.51m NOK → -534.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAMS EIENDOM AS.
At a glance
Scorecard
Operating result
-69.3k NOK
-37.3k NOK
+46.3%
Net result
-1.28m NOK
-1.04m NOK
+18.5%
Equity
5.51m NOK
-534.0k NOK
-109.7%
Total assets
20.39m NOK
20.75m NOK
+1.8%
What improved
-
↑
Operating result improved
Operating result -69.3k NOK → -37.3k NOK. Calculated
-
↑
Net result improved
Net result -1.28m NOK → -1.04m NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.51m NOK → -534.0k NOK (equity ratio 27.0% → -2.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation