A HAUGEN HOLDING AS: årsregnskap 2008 vs 2007
Stronger earnings, cash halved-plus
approved 2009-06-03; registry 2009-06-20
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A HAUGEN HOLDING AS. Revenue 15.0k NOK → 15.0k NOK (0.0%). Net result +4 799 NOK → +2.06m NOK. Equity 580.8k NOK → 637.1k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +4 799 NOK → +2.06m NOK (net margin 32.0% → 13708.5%). Calculated
-
↑
Equity strengthened
Book equity 580.8k NOK → 637.1k NOK (equity ratio 83.1% → 531.6%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 199.0k NOK → 22.5k NOK (-88.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.68× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated