ADEKVAT REGNSKAP & RÅDGIVNING AS: årsregnskap 2008 vs 2007
Grew 301% on revenue
approved 2009-06-18; registry 2009-07-02
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADEKVAT REGNSKAP & RÅDGIVNING AS. Revenue 420.3k NOK → 1.68m NOK (+300.8%). Net result +333.0k NOK → +349.9k NOK. Equity 770.6k NOK → 1 120 NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADEKVAT REGNSKAP & RÅDGIVNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 420.3k NOK to 1.68m NOK (+300.8% YoY). Calculated
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↑
Net result improved
Net result +333.0k NOK → +349.9k NOK (net margin 79.2% → 20.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.30× → 1.87×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 770.6k NOK → 1 120 NOK (equity ratio 775.5% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 875.8k NOK → 708.5k NOK (-19.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 741.2k NOK → 957.2k NOK (176% → 57% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 234 NOK → 5 131 NOK. Reported fact