Org.nr 963 301 812 2007 → 2008 Year-over-year analysis

9.NUT AS: årsregnskap 2008 vs 2007

Grew 976% on revenue, returned to profit, cash halved-plus

approved 2009-12-07; registry 2009-12-10

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for 9.NUT AS. Revenue 126.8k NOK → 1.36m NOK (+975.8%). Net result -363.4k NOK → +423.4k NOK. Equity -1.96m NOK → -4.38m NOK.

On the constructive side: revenue rose; turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 9.NUT AS.

Scorecard

Revenue
126.8k NOK 1.36m NOK
+975.8%
Operating result
+134.5k NOK -245.5k NOK
-282.4%
Net result
-363.4k NOK +423.4k NOK
+216.5%
Equity
-1.96m NOK -4.38m NOK
-123.8%
Cash
268.3k NOK 272 NOK
-99.9%
Total assets
20.49m NOK 23.15m NOK
+13.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 126.8k NOK to 1.36m NOK (+975.8% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 363.4k NOK to a profit of 423.4k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +134.5k NOK → -245.5k NOK (op. margin 106.1% → -18.0%). Calculated

  • ↓

    Equity eroded

    Book equity -1.96m NOK → -4.38m NOK (equity ratio -9.6% → -18.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 268.3k NOK → 272 NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -18.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation