A WADAHL ANLEGGSERVICE AS: årsregnskap 2008 vs 2007
Shrank 33% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A WADAHL ANLEGGSERVICE AS. Revenue 321.8k NOK → 215.9k NOK (-32.9%). Net result +236.5k NOK → -372.1k NOK. Equity 216.7k NOK → -146.2k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A WADAHL ANLEGGSERVICE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 321.8k NOK to 215.9k NOK (-32.9% YoY). Calculated
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Operating result weakened
Operating result +228.3k NOK → -340.1k NOK (op. margin 70.9% → -157.5%). Calculated
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Fell into a net loss
Net result flipped from 236.5k NOK profit to a loss of 372.1k NOK. Calculated
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Equity eroded
Book equity 216.7k NOK → -146.2k NOK (equity ratio 31.6% → -18.3%). Calculated
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Cash fell
Bank deposits 33.8k NOK → 0 NOK (-100.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -18.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation