ADHOC SOFTWARE AS: årsregnskap 2008 vs 2007
Shrank 50% on revenue, weaker earnings
approved 2009-05-27; registry 2009-08-17
Summary
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.
At a glance
Scorecard
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