Org.nr 987 494 913 2007 → 2008 Year-over-year analysis

58N EIENDOM AS: årsregnskap 2008 vs 2007

Shrank 100% on revenue

approved 2009-05-28; registry 2009-08-25

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 58N EIENDOM AS. Revenue 4.02m NOK → 0 NOK (-100.0%). Equity 2.44m NOK → 27.78m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 58N EIENDOM AS.

At a glance

Revenue

4.02m NOK 0 NOK

-100.0%

Operating result

n/m -88.1k NOK

—

Net result

n/m +25.34m NOK

—

Equity

2.44m NOK 27.78m NOK

+1037.5%

Cash

239.7k NOK 125.6k NOK

-47.6%

Total assets

3.72m NOK 31.14m NOK

+736.4%

↑
Equity strengthened

Book equity 2.44m NOK → 27.78m NOK (equity ratio 65.6% → 89.2%). Calculated
↑
Payroll decreased

Salary cost 7.32m NOK → 7 319 NOK. Calculated

↓
Revenue fell

Operating income / revenue moved from 4.02m NOK to 0 NOK (-100.0% YoY). Calculated
↓
Cash fell

Bank deposits 239.7k NOK → 125.6k NOK (-47.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 2.42m NOK → 2 417 NOK (-99.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 426.6k NOK → 14.21m NOK. Reported fact