621 GT HOLDING AS: årsregnskap 2009 vs 2008
Weaker earnings, cash halved-plus
approved 2010-04-06; registry 2010-08-05; journal 2010 570485
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 621 GT HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -5.90m NOK → -74.85m NOK. Equity 132.62m NOK → 48.38m NOK.
On the constructive side: owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 621 GT HOLDING AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 96.76m NOK → 96.84m NOK (+80.0k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -5.90m NOK → -74.85m NOK. Calculated
-
↓
Equity eroded
Book equity 132.62m NOK → 48.38m NOK (equity ratio 99.6% → 99.1%). Calculated
-
↓
Cash fell
Bank deposits 50.0k NOK → 4 377 NOK (-91.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 60.5k NOK → 81.5k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 130.16m NOK → 48.77m NOK. Reported fact