A SKALSTAD AS: årsregnskap 2008 vs 2007
Weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A SKALSTAD AS. Net result +150.5k NOK → +8 342 NOK. Equity 512.8k NOK → 510.2k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A SKALSTAD AS.
At a glance
Scorecard
Revenue
487.4k NOK
n/m
—
Operating result
+208.6k NOK
+154.8k NOK
-25.8%
Net result
+150.5k NOK
+8 342 NOK
-94.5%
Equity
512.8k NOK
510.2k NOK
-0.5%
Cash
102.2k NOK
50.2k NOK
-50.8%
Total assets
1.96m NOK
921.0k NOK
-52.9%
What deteriorated
-
↓
Operating result weakened
Operating result +208.6k NOK → +154.8k NOK. Calculated
-
↓
Net result weakened
Net result +150.5k NOK → +8 342 NOK. Calculated
-
↓
Equity eroded
Book equity 512.8k NOK → 510.2k NOK (equity ratio 26.2% → 55.4%). Calculated
-
↓
Cash fell
Bank deposits 102.2k NOK → 50.2k NOK (-50.8% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 142.2k NOK → 6 880 NOK. Reported fact