2A EIENDOM AS: årsregnskap 2008 vs 2007
Grew 25% on revenue
approved 2009-06-30; registry 2009-09-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 2A EIENDOM AS. Revenue 6.46m NOK → 8.06m NOK (+24.7%). Net result +255.6k NOK → +249.1k NOK. Equity 760.9k NOK → 9 953 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 2A EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.46m NOK to 8.06m NOK (+24.7% YoY). Calculated
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↑
Cash rose
Bank deposits 361.5k NOK → 868.5k NOK (+140.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 760.9k NOK → 9 953 NOK (equity ratio 59.2% → 0.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 305.5k NOK → 2.13m NOK (5% → 26% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.72m NOK → 4.38m NOK (+17.9% YoY). Calculated