88 HOLDING AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-06-30; registry 2009-09-05
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 88 HOLDING AS. Equity 622.2k NOK → 1 170 NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.
At a glance
Scorecard
Revenue
n/m
122.3k NOK
—
Equity
622.2k NOK
1 170 NOK
-99.8%
Cash
n/m
126.2k NOK
—
Total assets
653.6k NOK
652.8k NOK
-0.1%
What deteriorated
-
↓
Equity eroded
Book equity 622.2k NOK → 1 170 NOK (equity ratio 95.2% → 0.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 3 NOK → 10.2k NOK. Calculated
-
·
Book investments changed
Investment / intangible book value 653.6k NOK → 278.7k NOK. Reported fact