A. K. BOLIGUTLEIE AS: årsregnskap 2008 vs 2007
Grew 177102% on revenue, slipped into loss
approved 2009-05-18; registry 2009-09-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A. K. BOLIGUTLEIE AS. Revenue 1 183 NOK → 2.10m NOK (+177102.5%). Net result +16 NOK → -251.25bn NOK. Equity 970.7k NOK → 61.5k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A. K. BOLIGUTLEIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 183 NOK to 2.10m NOK (+177102.5% YoY). Calculated
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↑
Operating result improved
Operating result -23.8k NOK → +314.09bn NOK (op. margin -2010.2% → 14982828.9%). Calculated
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↑
Cash rose
Bank deposits 118.3k NOK → 331.7k NOK (+180.4% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 16 NOK profit to a loss of 251.25bn NOK. Calculated
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↓
Equity eroded
Book equity 970.7k NOK → 61.5k NOK (equity ratio 2316.5% → 0.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 205.0k NOK → 3 642 NOK. Reported fact