ABC 3 AS: årsregnskap 2008 vs 2007
Grew 1322360% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABC 3 AS. Revenue 100 NOK → 1.32m NOK (+1322360.0%). Net result +100.4k NOK → -669.2k NOK. Equity 131.3k NOK → 462.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC 3 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 100 NOK to 1.32m NOK (+1322360.0% YoY). Calculated
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↑
Operating result improved
Operating result -40.1k NOK → +34.3k NOK (op. margin -40095.0% → 2.6%). Calculated
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↑
Equity strengthened
Book equity 131.3k NOK → 462.0k NOK (equity ratio 4.1% → 25.3%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 100.4k NOK profit to a loss of 669.2k NOK. Calculated
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↓
Cash fell
Bank deposits 17.7k NOK → 2 207 NOK (-87.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 0 NOK → 954.6k NOK (None YoY). Calculated