Org.nr 979 896 026 2007 → 2008 Year-over-year analysis

4U HAIR BODY STYLE AS: årsregnskap 2008 vs 2007

Grew 282% on revenue, cash halved-plus

approved 2009-09-21; registry 2009-09-24

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 4U HAIR BODY STYLE AS. Revenue 379.0k NOK → 1.45m NOK (+282.2%). Equity -1.82m NOK → -2.45m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4U HAIR BODY STYLE AS.

At a glance

Revenue

379.0k NOK 1.45m NOK

+282.2%

Operating result

-1.10m NOK n/m

—

Net result

n/m -635.9k NOK

—

Equity

-1.82m NOK -2.45m NOK

-35.0%

Cash

55.7k NOK 3 608 NOK

-93.5%

Total assets

1.48m NOK 2.35m NOK

+58.9%

↑
Revenue rose

Operating income / revenue moved from 379.0k NOK to 1.45m NOK (+282.2% YoY). Calculated
↑
Payroll decreased

Salary cost 4.79m NOK → 2 007 NOK (1264% → 0% of revenue). Calculated

↓
Equity eroded

Book equity -1.82m NOK → -2.45m NOK (equity ratio -122.8% → -104.3%). Calculated
↓
Cash fell

Bank deposits 55.7k NOK → 3 608 NOK (-93.5% YoY). Calculated