ADEL HOLDING AS: årsregnskap 2008 vs 2007
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADEL HOLDING AS. Net result +349.8k NOK → +629.4k NOK. Equity 891.7k NOK → 571.1k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEL HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +349.8k NOK → +629.4k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -9 746 NOK → -12.2k NOK. Calculated
-
↓
Equity eroded
Book equity 891.7k NOK → 571.1k NOK (equity ratio 72.1% → 35.1%). Calculated
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↓
Cash fell
Bank deposits 124.3k NOK → 79.1k NOK (-36.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.76× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.00m NOK → 1.45m NOK. Reported fact