A.C.E FASHIONSTORE AS: årsregnskap 2008 vs 2007
Fresh owner capital
approved 2009-06-05; registry 2009-08-18
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A.C.E FASHIONSTORE AS. Revenue 2.58m NOK → 2.63m NOK (+2.0%). Equity 60.6k NOK → 67.6k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.C.E FASHIONSTORE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.58m NOK to 2.63m NOK (+2.0% YoY). Calculated
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↑
Equity strengthened
Book equity 60.6k NOK → 67.6k NOK (equity ratio 10.1% → 8.3%). Calculated
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↑
Owners injected capital
Paid-in equity rose 275 NOK → 275.0k NOK (+274.7k NOK). Reported fact
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↑
Payroll decreased
Salary cost 581.9k NOK → 543.2k NOK (23% → 21% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 42.0k NOK → 39.6k NOK (-5.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1.55m NOK → 1.67m NOK (+7.9% YoY). Calculated