FirmaIQ
Org.nr 991 347 275 2007 → 2008 Year-over-year analysis

ADAPTIVE AS: årsregnskap 2008 vs 2007

Grew 246% on revenue, weaker earnings, fresh owner capital

approved 2009-05-30; registry 2009-07-07

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADAPTIVE AS. Revenue 1.38m NOK → 4.79m NOK (+246.4%). Net result +187.7k NOK → +2 008 NOK. Equity 1.19m NOK → 1.62m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADAPTIVE AS.

At a glance

Scorecard

Revenue
1.38m NOK 4.79m NOK
+246.4%
Operating result
+235.1k NOK +519.65m NOK
+220972.4%
Net result
+187.7k NOK +2 008 NOK
-98.9%
Equity
1.19m NOK 1.62m NOK
+36.2%
Cash
1.22m NOK 1.89m NOK
+55.1%
Total assets
1.58m NOK 2.62m NOK
+66.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.38m NOK to 4.79m NOK (+246.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +235.1k NOK → +519.65m NOK (op. margin 17.0% → 10840.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.19m NOK → 1.62m NOK (equity ratio 75.3% → 61.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.22m NOK → 1.89m NOK (+55.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2570.29×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +187.7k NOK → +2 008 NOK (net margin 13.6% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 806 NOK → 3.13m NOK (0% → 65% of revenue). Calculated