Org.nr 930 664 758 2007 → 2008 Year-over-year analysis

A HILLESTAD AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-06-11; registry 2009-08-22

Full company analysis · All year comparisons

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.

Scorecard

Revenue
0 NOK 27.5k NOK
—
Equity
10.28m NOK 7.02m NOK
-31.7%
Cash
3.48m NOK 2.40m NOK
-31.1%
Total assets
10.29m NOK 8.15m NOK
-20.8%

What improved

  • ↑

    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

  • ·

    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