Org.nr 947 246 852 2007 → 2008 Year-over-year analysis

3 - BYGGMESTER AS: årsregnskap 2008 vs 2007

Shrank 71% on revenue

approved 2009-05-12; registry 2009-06-30

Full company analysis · All year comparisons

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.

Scorecard

Revenue
109.77m NOK 31.99m NOK
-70.9%
Equity
12.35m NOK 1.57m NOK
-87.3%
Cash
4.65m NOK 4.15m NOK
-10.8%
Total assets
74.94m NOK 14.37m NOK
-80.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 9.15m NOK → 2 NOK (8% → 0% of revenue). Calculated

What deteriorated

  • ↓

    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

  • ·

    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

  • ·

    Book investments changed

    Investment / intangible book value 329.2k NOK → 8 329 NOK. Reported fact