1550 TAURO AS: årsregnskap 2008 vs 2007
Grew 25% on revenue
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 1550 TAURO AS. Revenue 204.3k NOK → 256.1k NOK (+25.3%). Equity 203.8k NOK → -621.5k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1550 TAURO AS.
At a glance
Scorecard
Revenue
204.3k NOK
256.1k NOK
+25.3%
Operating result
+54.0k NOK
+78.3k NOK
+44.9%
Equity
203.8k NOK
-621.5k NOK
-404.9%
Total assets
5.14m NOK
5.33m NOK
+3.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 204.3k NOK to 256.1k NOK (+25.3% YoY). Calculated
-
↑
Operating result improved
Operating result +54.0k NOK → +78.3k NOK (op. margin 26.4% → 30.6%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 203.8k NOK → -621.5k NOK (equity ratio 4.0% → -11.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation