ADD ENERGY GROUP AS: årsregnskap 2008 vs 2007
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADD ENERGY GROUP AS. Net result +6 053 NOK → -8 372 NOK. Equity 179.6k NOK → 165.2k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
+9 529 NOK
-8 721 NOK
-191.5%
Net result
+6 053 NOK
-8 372 NOK
-238.3%
Equity
179.6k NOK
165.2k NOK
-8.0%
Total assets
366.7k NOK
275.1k NOK
-25.0%
What deteriorated
-
↓
Operating result weakened
Operating result +9 529 NOK → -8 721 NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 6 053 NOK profit to a loss of 8 372 NOK. Calculated
-
↓
Equity eroded
Book equity 179.6k NOK → 165.2k NOK (equity ratio 49.0% → 60.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated