3 - BYGGMESTER AS: årsregnskap 2008 vs 2007
Shrank 71% on revenue
approved 2009-05-12; registry 2009-06-30
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 3 - BYGGMESTER AS. Revenue 109.77m NOK → 31.99m NOK (-70.9%). Equity 12.35m NOK → 1.57m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3 - BYGGMESTER AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 9.15m NOK → 2 NOK (8% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 109.77m NOK to 31.99m NOK (-70.9% YoY). Calculated
-
↓
Equity eroded
Book equity 12.35m NOK → 1.57m NOK (equity ratio 16.5% → 10.9%). Calculated
-
↓
Cash fell
Bank deposits 4.65m NOK → 4.15m NOK (-10.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 12.00m NOK → 1.00m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 60.03m NOK → 22.37m NOK (-62.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 329.2k NOK → 8 329 NOK. Reported fact