4-INVENTORS AS: årsregnskap 2009 vs 2008
Shrank 8% on revenue
approved 2010-08-23; registry 2010-08-31; journal 2010 669643
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 4-INVENTORS AS. Revenue 108.7k NOK → 99.8k NOK (-8.3%). Equity 47.8k NOK → -254.1k NOK.
Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4-INVENTORS AS.
At a glance
Scorecard
Revenue
108.7k NOK
99.8k NOK
-8.3%
Operating result
-24.9k NOK
n/m
—
Net result
-25.7k NOK
n/m
—
Equity
47.8k NOK
-254.1k NOK
-631.2%
Total assets
226.5k NOK
59.0k NOK
-73.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 108.7k NOK to 99.8k NOK (-8.3% YoY). Calculated
-
↓
Equity eroded
Book equity 47.8k NOK → -254.1k NOK (equity ratio 21.1% → -430.3%). Calculated
-
↓
COGS moved
COGS / varekostnad 32.6k NOK → 80.4k NOK (+147.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -430.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation