A&E EIENDOMSUTVIKLING AS: årsregnskap 2008 vs 2007
Stronger earnings, cash halved-plus
approved 2009-12-21; registry 2010-01-11
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A&E EIENDOMSUTVIKLING AS. Net result +781.1k NOK → +1.85m NOK. Equity -681.7k NOK → -1.73m NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A&E EIENDOMSUTVIKLING AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +781.1k NOK → +1.85m NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -681.7k NOK → -1.73m NOK (equity ratio -3059.8% → -7.8%). Calculated
-
↓
Cash fell
Bank deposits 126.4k NOK → 261 NOK (-99.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 15.27× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 21.5k NOK → 21.52m NOK. Reported fact