3-T BYGG AS: årsregnskap 2008 vs 2007
Shrank 22% on revenue
approved 2009-08-07; registry 2009-08-18
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 3-T BYGG AS. Revenue 12.54m NOK → 9.72m NOK (-22.5%). Equity 7.17m NOK → 244.3k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3-T BYGG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.13m NOK → +39.3k NOK (op. margin -9.0% → 0.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.54m NOK to 9.72m NOK (-22.5% YoY). Calculated
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↓
Equity eroded
Book equity 7.17m NOK → 244.3k NOK (equity ratio 330.5% → 9.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 8.44m NOK → 4.77m NOK (-43.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 11.2k NOK → 11.25m NOK. Reported fact