Org.nr 988 676 241 2007 → 2008 Year-over-year analysis

4CON AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-02-24; registry 2009-04-01

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 4CON AS. Revenue 111.9k NOK → 108.2k NOK (-3.3%). Equity 1.83m NOK → 6.13m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4CON AS.

At a glance

Revenue

111.9k NOK 108.2k NOK

-3.3%

Operating result

+74.5k NOK n/m

—

Net result

+2.02m NOK n/m

—

Equity

1.83m NOK 6.13m NOK

+235.5%

Cash

449.5k NOK 295.5k NOK

-34.3%

Total assets

4.29m NOK 7.48m NOK

+74.3%

↑
Equity strengthened

Book equity 1.83m NOK → 6.13m NOK (equity ratio 42.5% → 81.9%). Calculated

↓
Revenue fell

Operating income / revenue moved from 111.9k NOK to 108.2k NOK (-3.3% YoY). Calculated
↓
Cash fell

Bank deposits 449.5k NOK → 295.5k NOK (-34.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1833.74× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 3.69m NOK → 3.95m NOK. Reported fact