3H EIENDOM AS: årsregnskap 2008 vs 2007
Grew 8% on revenue
approved 2009-08-19; registry 2009-08-29
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 3H EIENDOM AS. Revenue 415.8k NOK → 447.1k NOK (+7.5%). Equity 301.8k NOK → 246.9k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3H EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 415.8k NOK to 447.1k NOK (+7.5% YoY). Calculated
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↑
Cash rose
Bank deposits 34.7k NOK → 107.6k NOK (+209.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.85× → 1.07×. Calculated
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↑
Payroll decreased
Salary cost 7 579 NOK → 2 008 NOK (2% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 301.8k NOK → 246.9k NOK (equity ratio 11.1% → 8.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation