FirmaIQ
Org.nr 976 521 803 2007 → 2008 Year-over-year analysis

AB FJORDLAND AS: årsregnskap 2008 vs 2007

Shrank 100% on revenue, stronger earnings

approved 2009-06-30; registry 2009-09-12

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AB FJORDLAND AS. Revenue 120.0k NOK → 204 NOK (-99.8%). Net result -27.6k NOK → -2 642 NOK. Equity -474.5k NOK → -477.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB FJORDLAND AS.

At a glance

Scorecard

Revenue
120.0k NOK 204 NOK
-99.8%
Operating result
+45.7k NOK +105.5k NOK
+130.8%
Net result
-27.6k NOK -2 642 NOK
+90.4%
Equity
-474.5k NOK -477.1k NOK
-0.6%
Total assets
1.84m NOK 1.83m NOK
-0.4%

What improved

  • ↑

    Operating result improved

    Operating result +45.7k NOK → +105.5k NOK (op. margin 38.1% → 51721.1%). Calculated

  • ↑

    Net result improved

    Net result -27.6k NOK → -2 642 NOK (net margin -23.0% → -1295.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 120.0k NOK to 204 NOK (-99.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -474.5k NOK → -477.1k NOK (equity ratio -25.8% → -26.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -26.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation