3T TEAM AS: årsregnskap 2008 vs 2007
Another loss-making year
approved 2009-05-27; registry 2009-06-04
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 3T TEAM AS. Net result -250.8k NOK → -258.1k NOK. Equity -51.3k NOK → -309.4k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3T TEAM AS.
At a glance
Scorecard
Net result
-250.8k NOK
-258.1k NOK
-2.9%
Equity
-51.3k NOK
-309.4k NOK
-502.9%
Cash
537.3k NOK
325.1k NOK
-39.5%
Total assets
4.14m NOK
4.04m NOK
-2.6%
What deteriorated
-
↓
Equity eroded
Book equity -51.3k NOK → -309.4k NOK (equity ratio -1.2% → -7.7%). Calculated
-
↓
Cash fell
Bank deposits 537.3k NOK → 325.1k NOK (-39.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation