AB-M AS: årsregnskap 2008 vs 2007
Shrank 55% on revenue
approved 2009-08-31; registry 2009-09-16
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AB-M AS. Revenue 2.27m NOK → 1.02m NOK (-55.0%). Equity 19.6k NOK → 32.1k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AB-M AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 19.6k NOK → 32.1k NOK (equity ratio 3.1% → 13.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.88× → 3.66×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.27m NOK to 1.02m NOK (-55.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 111.9k NOK → 103.3k NOK (-7.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.00m NOK → 796.9k NOK (-60.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 91.6k NOK → 8.11m NOK. Reported fact