ABAS HOLDING AS: årsregnskap 2008 vs 2007
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABAS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -33.7k NOK → -12.7k NOK. Equity 867.7k NOK → 855.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAS HOLDING AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-21.0k NOK
-11.9k NOK
+43.4%
Net result
-33.7k NOK
-12.7k NOK
+62.2%
Equity
867.7k NOK
855.0k NOK
-1.5%
Cash
n/m
593.9k NOK
—
Total assets
9.36m NOK
9.55m NOK
+2.1%
What improved
-
↑
Operating result improved
Operating result -21.0k NOK → -11.9k NOK. Calculated
-
↑
Net result improved
Net result -33.7k NOK → -12.7k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 867.7k NOK → 855.0k NOK (equity ratio 9.3% → 8.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation