A HILLESTAD AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-06-11; registry 2009-08-22
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A HILLESTAD AS. Revenue 0 NOK → 27.5k NOK. Equity 10.28m NOK → 7.02m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A HILLESTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 27.5k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 10.28m NOK → 7.02m NOK (equity ratio 99.9% → 86.1%). Calculated
-
↓
Cash fell
Bank deposits 3.48m NOK → 2.40m NOK (-31.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 6.40m NOK → 5.44m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 4 570 NOK → 95.0k NOK. Reported fact