ABC FORUM AS: årsregnskap 2008 vs 2007
Shrank 61% on revenue, slipped into loss
approved 2009-06-30; registry 2009-08-01
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABC FORUM AS. Revenue 102.7k NOK → 39.8k NOK (-61.2%). Net result +765.0k NOK → -404.4k NOK. Equity 2.82m NOK → 2.36m NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC FORUM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 102.7k NOK to 39.8k NOK (-61.2% YoY). Calculated
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Fell into a net loss
Net result flipped from 765.0k NOK profit to a loss of 404.4k NOK. Calculated
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↓
Equity eroded
Book equity 2.82m NOK → 2.36m NOK (equity ratio 48.7% → 58.3%). Calculated
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Payroll up without matching revenue
Salary cost 2 419 NOK → 418.8k NOK (2% → 1052% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.34m NOK → 1.43m NOK. Reported fact