Org.nr 988 175 757 2007 → 2008 Year-over-year analysis

ABBRIVA INVEST AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-06-30; registry 2009-08-27

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABBRIVA INVEST AS. Revenue 0 NOK → 132.6k NOK. Equity 5.81m NOK → 1.01m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABBRIVA INVEST AS.

Scorecard

Revenue
0 NOK 132.6k NOK
—
Operating result
n/m -97.0k NOK
—
Equity
5.81m NOK 1.01m NOK
-82.5%
Cash
31.2k NOK 20.3k NOK
-35.0%
Total assets
8.24m NOK 6.30m NOK
-23.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 132.6k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 136.9k NOK → 114.1k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.81m NOK → 1.01m NOK (equity ratio 70.5% → 16.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.2k NOK → 20.3k NOK (-35.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.39× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.81m NOK → 1.01m NOK — check capital reduction, conversion, or reclassification. Interpretation