ABACO SHIPPING AS: årsregnskap 2008 vs 2007
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABACO SHIPPING AS. Net result -8.93m NOK → -500.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACO SHIPPING AS.
At a glance
Scorecard
Operating result
-110.1k NOK
+1.88m NOK
+1811.2%
Net result
-8.93m NOK
-500.0k NOK
+94.4%
Equity
-9.85m NOK
n/m
—
Cash
120.4k NOK
146.6k NOK
+21.7%
Total assets
81.22m NOK
26.69m NOK
-67.1%
What improved
-
↑
Operating result improved
Operating result -110.1k NOK → +1.88m NOK. Calculated
-
↑
Net result improved
Net result -8.93m NOK → -500.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 120.4k NOK → 146.6k NOK (+21.7% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.33× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 81.10m NOK → 26.54m NOK. Reported fact