Org.nr 989 109 812 2007 → 2008 Year-over-year analysis

ADRIAN & CO AS: årsregnskap 2008 vs 2007

Slipped into loss

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADRIAN & CO AS. Net result +8.95m NOK → -3.61m NOK. Equity 51.95m NOK → 48.44m NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRIAN & CO AS.

At a glance

Operating result

-85.0k NOK -113.4k NOK

-33.5%

Net result

+8.95m NOK -3.61m NOK

-140.3%

Equity

51.95m NOK 48.44m NOK

-6.8%

Cash

n/m 1.02m NOK

—

Total assets

59.40m NOK 52.47m NOK

-11.7%

↑
Owners injected capital

Paid-in equity rose 1.59m NOK → 1.69m NOK (+100.0k NOK). Reported fact

↓
Operating result weakened

Operating result -85.0k NOK → -113.4k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 8.95m NOK profit to a loss of 3.61m NOK. Calculated
↓
Equity eroded

Book equity 51.95m NOK → 48.44m NOK (equity ratio 87.5% → 92.3%). Calculated

·
Book investments changed

Investment / intangible book value 2.24m NOK → 4 734 NOK. Reported fact