A/S SVOLDERHUS: årsregnskap 2008 vs 2007
Shrank 91% on revenue, cash halved-plus
approved 2009-06-10; registry 2009-09-17
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A/S SVOLDERHUS. Revenue 2.05m NOK → 194.0k NOK (-90.5%).
Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S SVOLDERHUS.
At a glance
Scorecard
Revenue
2.05m NOK
194.0k NOK
-90.5%
Cash
7.40m NOK
2.13m NOK
-71.2%
Total assets
92.2k NOK
3.82m NOK
+4046.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.05m NOK to 194.0k NOK (-90.5% YoY). Calculated
-
↓
Cash fell
Bank deposits 7.40m NOK → 2.13m NOK (-71.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (7.40m NOK → 2.13m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 7 750 NOK → 17.8k NOK. Reported fact