88 EIENDOM AS: årsregnskap 2009 vs 2008
Mixed movements in the accounts
approved 2010-06-28; registry 2010-07-12; journal 2010 492219
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 88 EIENDOM AS. Equity 501.2k NOK → 370.0k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 88 EIENDOM AS.
At a glance
Scorecard
Revenue
n/m
352.5k NOK
—
Operating result
n/m
+116.5k NOK
—
Equity
501.2k NOK
370.0k NOK
-26.2%
Cash
9 989 NOK
102.4k NOK
+925.0%
Total assets
2 583 NOK
6.17m NOK
+238798.9%
What improved
-
↑
Cash rose
Bank deposits 9 989 NOK → 102.4k NOK (+925.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.50× → 5.29×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 501.2k NOK → 370.0k NOK (equity ratio 19403.5% → 6.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation