A/S Eiendomsutvikling: årsregnskap 2009 vs 2008
Weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A/S Eiendomsutvikling. Net result +2.35m NOK → +1.52m NOK.
Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A/S Eiendomsutvikling.
At a glance
Scorecard
Operating result
+1.26m NOK
+575.6k NOK
-54.4%
Net result
+2.35m NOK
+1.52m NOK
-35.3%
Cash
2.14m NOK
626.5k NOK
-70.8%
What deteriorated
-
↓
Operating result weakened
Operating result +1.26m NOK → +575.6k NOK. Calculated
-
↓
Net result weakened
Net result +2.35m NOK → +1.52m NOK. Calculated
-
↓
Cash fell
Bank deposits 2.14m NOK → 626.5k NOK (-70.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.14m NOK → 626.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation