58PLUS AS: årsregnskap 2008 vs 2007
Slipped into loss
approved 2009-05-05; registry 2009-05-09
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 58PLUS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +55 NOK → -2.74m NOK. Equity 100.1k NOK → 865.1k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 58PLUS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 100.1k NOK → 865.1k NOK (equity ratio 92.6% → 132.0%). Calculated
-
↑
Cash rose
Bank deposits 108.1k NOK → 119.3k NOK (+10.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result 0 NOK → -23.5k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 55 NOK profit to a loss of 2.74m NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 13.48× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 610 NOK — check capital reduction, conversion, or reclassification. Interpretation