A-CIRCLE AS: årsregnskap 2008 vs 2007
Shrank 84% on revenue
approved 2009-05-19; registry 2009-05-30
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A-CIRCLE AS. Revenue 390.3k NOK → 60.7k NOK (-84.4%). Equity 70.1k NOK → 98.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-CIRCLE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 70.1k NOK → 98.6k NOK (equity ratio 41.1% → 57.1%). Calculated
-
↑
Payroll decreased
Salary cost 157.2k NOK → 2 794 NOK (40% → 5% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 390.3k NOK to 60.7k NOK (-84.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +16.6k NOK → -65.0k NOK (op. margin 4.3% → -107.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 130.0k NOK → 3 NOK. Reported fact