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Org.nr 953 223 937 2008 → 2009 Year-over-year analysis

ADHOC SOFTWARE AS: årsregnskap 2009 vs 2008

Shrank 7% on revenue, weaker earnings

approved 2010-06-17; registry 2010-06-21; journal 2010 442435

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADHOC SOFTWARE AS. Revenue 196.2k NOK → 181.5k NOK (-7.5%). Net result +100.1k NOK → +67.3k NOK. Equity 820.7k NOK → 888.0k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
196.2k NOK 181.5k NOK
-7.5%
Operating result
+92.0k NOK n/m
—
Net result
+100.1k NOK +67.3k NOK
-32.7%
Equity
820.7k NOK 888.0k NOK
+8.2%
Cash
925.9k NOK 978.4k NOK
+5.7%
Total assets
953.8k NOK 6 294 NOK
-99.3%

What improved

  • ↑

    Equity strengthened

    Book equity 820.7k NOK → 888.0k NOK (equity ratio 86.0% → 14109.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 925.9k NOK → 978.4k NOK (+5.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 196.2k NOK to 181.5k NOK (-7.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +100.1k NOK → +67.3k NOK (net margin 51.0% → 37.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.17× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated