A MIDDELTHON AS: årsregnskap 2008 vs 2007
Weaker earnings, cash halved-plus
approved 2009-03-31; registry 2009-04-14
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A MIDDELTHON AS. Revenue 1.27m NOK → 1.27m NOK (0.0%). Net result +228.6k NOK → +349 NOK. Equity 207.5k NOK → 1.21m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A MIDDELTHON AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 207.5k NOK → 1.21m NOK (equity ratio 2.1% → 13.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +793.4k NOK → +488.3k NOK (op. margin 62.6% → 38.5%). Calculated
-
↓
Net result weakened
Net result +228.6k NOK → +349 NOK (net margin 18.0% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 857.5k NOK → 340.6k NOK (-60.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 200 NOK → 1.00m NOK. Reported fact