Org.nr 975 944 484 2007 → 2008 Year-over-year analysis

ADOKS AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-06-29; registry 2009-08-19

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADOKS AS. Equity 4.21m NOK → -2.25m NOK.

Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADOKS AS.

Scorecard

Operating result
-1 875 NOK -4 440 NOK
-136.8%
Equity
4.21m NOK -2.25m NOK
-153.6%
Total assets
6.06m NOK 4.85m NOK
-20.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1 875 NOK → -4 440 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.21m NOK → -2.25m NOK (equity ratio 69.4% → -46.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -46.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 4.21m NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5.97m NOK → 3.12m NOK. Reported fact