A2 EIENDOM AS: årsregnskap 2008 vs 2007
Grew 23% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A2 EIENDOM AS. Revenue 545.7k NOK → 670.4k NOK (+22.9%). Net result +12.8k NOK → -102.5k NOK. Equity 956.2k NOK → 853.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A2 EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 545.7k NOK to 670.4k NOK (+22.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +221.5k NOK → +166.9k NOK (op. margin 40.6% → 24.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 12.8k NOK profit to a loss of 102.5k NOK. Calculated
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↓
Equity eroded
Book equity 956.2k NOK → 853.7k NOK (equity ratio 20.7% → 19.0%). Calculated
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↓
Cash fell
Bank deposits 88.8k NOK → 45.3k NOK (-49.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.98× → 0.51× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 525.0k NOK → 496.4k NOK. Reported fact