FirmaIQ
Org.nr 947 014 781 2008 → 2009 Year-over-year analysis

A/S MILLENIUM: årsregnskap 2009 vs 2008

Returned to profit

approved 2010-05-20; registry 2010-05-31; journal 2010 390921

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A/S MILLENIUM. Revenue 0 NOK → 0 NOK (0.0%). Net result -19.37m NOK → +4.33m NOK. Equity 38.60m NOK → 25.94m NOK.

On the constructive side: turned profitable. Pressures included: equity eroded; cash fell.

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
-19.37m NOK +4.33m NOK
+122.4%
Equity
38.60m NOK 25.94m NOK
-32.8%
Cash
10.74m NOK 9.97m NOK
-7.1%
Total assets
41.72m NOK 42.65m NOK
+2.2%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 19.37m NOK to a profit of 4.33m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 38.60m NOK → 25.94m NOK (equity ratio 92.5% → 60.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.74m NOK → 9.97m NOK (-7.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 14.75m NOK → 8.96m NOK. Reported fact