ADARIS AS: årsregnskap 2008 vs 2007
Cash halved-plus
approved 2009-06-15; registry 2009-07-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADARIS AS. Equity 18.78m NOK → 17.91m NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADARIS AS.
At a glance
Scorecard
Operating result
+232.9k NOK
n/m
—
Net result
n/m
+868.8k NOK
—
Equity
18.78m NOK
17.91m NOK
-4.6%
Cash
2.07m NOK
409.3k NOK
-80.2%
Total assets
24.63m NOK
23.67m NOK
-3.9%
What deteriorated
-
↓
Equity eroded
Book equity 18.78m NOK → 17.91m NOK (equity ratio 76.2% → 75.7%). Calculated
-
↓
Cash fell
Bank deposits 2.07m NOK → 409.3k NOK (-80.2% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.07m NOK → 409.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 14.73m NOK → 15.91m NOK. Reported fact