Org.nr 984 396 821 2007 → 2008 Year-over-year analysis

ADEKA AS: årsregnskap 2008 vs 2007

Grew 271% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADEKA AS. Revenue 97.2k NOK → 360.6k NOK (+270.9%). Net result +768.8k NOK → +816.4k NOK. Equity 869.3k NOK → 685.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADEKA AS.

Scorecard

Revenue
97.2k NOK 360.6k NOK
+270.9%
Operating result
+176.6k NOK +206.5k NOK
+16.9%
Net result
+768.8k NOK +816.4k NOK
+6.2%
Equity
869.3k NOK 685.7k NOK
-21.1%
Total assets
1 421 NOK 2.08m NOK
+146526.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 97.2k NOK to 360.6k NOK (+270.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +176.6k NOK → +206.5k NOK (op. margin 181.7% → 57.3%). Calculated

  • ↑

    Net result improved

    Net result +768.8k NOK → +816.4k NOK (net margin 790.8% → 226.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.89× → 1.24×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 869.3k NOK → 685.7k NOK (equity ratio 61173.8% → 32.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 894.1k NOK → 129.8k NOK (-85.5% YoY). Calculated