FirmaIQ
Org.nr 947 014 781 2007 → 2008 Year-over-year analysis

A/S MILLENIUM: årsregnskap 2008 vs 2007

Slipped into loss

approved 2009-05-26; registry 2009-07-01

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A/S MILLENIUM. Revenue 0 NOK → 0 NOK (0.0%). Net result +9.16m NOK → -19.37m NOK. Equity 58.87m NOK → 38.60m NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S MILLENIUM.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+9.16m NOK -19.37m NOK
-311.4%
Equity
58.87m NOK 38.60m NOK
-34.4%
Cash
332.8k NOK 10.74m NOK
+3127.1%
Total assets
67.39m NOK 41.72m NOK
-38.1%

What improved

  • ↑

    Cash rose

    Bank deposits 332.8k NOK → 10.74m NOK (+3127.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 26.16m NOK → 26.26m NOK (+100.0k NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 9.16m NOK profit to a loss of 19.37m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 58.87m NOK → 38.60m NOK (equity ratio 87.4% → 92.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 51.16m NOK → 14.75m NOK. Reported fact