Org.nr 946 003 557 2007 → 2008 Year-over-year analysis

A/S Kvikk: årsregnskap 2008 vs 2007

Grew 102691% on revenue

approved 2009-02-28; registry 2009-04-15

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A/S Kvikk. Revenue 258 NOK → 265.2k NOK (+102690.7%). Equity 29.8k NOK → 24.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Kvikk.

At a glance

Revenue

258 NOK 265.2k NOK

+102690.7%

Operating result

+121.6k NOK +118.3k NOK

-2.7%

Equity

29.8k NOK 24.3k NOK

-18.4%

Total assets

3.11m NOK 3.09m NOK

-0.9%

↑
Revenue rose

Operating income / revenue moved from 258 NOK to 265.2k NOK (+102690.7% YoY). Calculated

↓
Operating result weakened

Operating result +121.6k NOK → +118.3k NOK (op. margin 47143.0% → 44.6%). Calculated
↓
Equity eroded

Book equity 29.8k NOK → 24.3k NOK (equity ratio 1.0% → 0.8%). Calculated

·
Thin equity buffer

Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation