ABC THAI AS: årsregnskap 2008 vs 2007
Grew 11% on revenue
approved 2008-12-31; registry 2009-09-07
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABC THAI AS. Revenue 1.69m NOK → 1.88m NOK (+11.2%). Equity 191.8k NOK → 17.0k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABC THAI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.69m NOK to 1.88m NOK (+11.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 876.6k NOK → 2 008 NOK (52% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 191.8k NOK → 17.0k NOK (equity ratio 60.8% → 6.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 468.2k NOK → 533.4k NOK (+13.9% YoY). Calculated