A PEDERSEN KYSTFISKEBÅT AS: årsregnskap 2008 vs 2007
Shrank 95% on revenue, stronger earnings
approved 2009-06-30; registry 2009-08-29
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A PEDERSEN KYSTFISKEBÅT AS. Revenue 920.8k NOK → 45.5k NOK (-95.1%). Net result +79.3k NOK → +331.1k NOK. Equity 550.3k NOK → 881.4k NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +79.3k NOK → +331.1k NOK (net margin 8.6% → 727.9%). Calculated
-
↑
Equity strengthened
Book equity 550.3k NOK → 881.4k NOK (equity ratio 23.0% → 36.4%). Calculated
-
↑
Payroll decreased
Salary cost 334.5k NOK → 4 NOK (36% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 920.8k NOK to 45.5k NOK (-95.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 90.5k NOK → 119.8k NOK (+32.4% YoY). Calculated