4GNS TELECOM AS: årsregnskap 2008 vs 2007
Slipped into loss
approved 2009-08-27; registry 2009-09-10
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 4GNS TELECOM AS. Revenue 0 NOK → 3.92m NOK. Net result +1 808 NOK → -123.5k NOK. Equity 101.8k NOK → -17.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for 4GNS TELECOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 3.92m NOK. Calculated
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↑
Cash rose
Bank deposits 110.2k NOK → 152.2k NOK (+38.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result 0 NOK → -109.7k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 1 808 NOK profit to a loss of 123.5k NOK. Calculated
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↓
Equity eroded
Book equity 101.8k NOK → -17.6k NOK (equity ratio 91.1% → -3.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 11.02× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 104 NOK — check capital reduction, conversion, or reclassification. Interpretation