A/S Danvikgaten 20: årsregnskap 2008 vs 2007
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A/S Danvikgaten 20. Revenue 1.68m NOK → 1.69m NOK (+0.2%). Equity 609.1k NOK → -358.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Danvikgaten 20.
At a glance
Scorecard
Revenue
1.68m NOK
1.69m NOK
+0.2%
Operating result
+569.4k NOK
n/m
—
Net result
+86.4k NOK
n/m
—
Equity
609.1k NOK
-358.5k NOK
-158.9%
Cash
n/m
326.5k NOK
—
Total assets
6.19m NOK
6.17m NOK
-0.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.68m NOK to 1.69m NOK (+0.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 609.1k NOK → -358.5k NOK (equity ratio 9.8% → -5.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation