Org.nr 953 223 937 2007 → 2008 Year-over-year analysis

ADHOC SOFTWARE AS: årsregnskap 2008 vs 2007

Shrank 50% on revenue, weaker earnings

approved 2009-05-27; registry 2009-08-17

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADHOC SOFTWARE AS. Revenue 396.0k NOK → 196.2k NOK (-50.5%). Net result +221.7k NOK → +100.1k NOK. Equity 720.6k NOK → 820.7k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
396.0k NOK 196.2k NOK
-50.5%
Operating result
+286.7k NOK +92.0k NOK
-67.9%
Net result
+221.7k NOK +100.1k NOK
-54.9%
Equity
720.6k NOK 820.7k NOK
+13.9%
Cash
850.1k NOK 925.9k NOK
+8.9%
Total assets
915.9k NOK 953.8k NOK
+4.1%

What improved

  • ↑

    Equity strengthened

    Book equity 720.6k NOK → 820.7k NOK (equity ratio 78.7% → 86.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 850.1k NOK → 925.9k NOK (+8.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 396.0k NOK to 196.2k NOK (-50.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +286.7k NOK → +92.0k NOK (op. margin 72.4% → 46.9%). Calculated

  • ↓

    Net result weakened

    Net result +221.7k NOK → +100.1k NOK (net margin 56.0% → 51.0%). Calculated