Org.nr 992 294 019 2007 → 2008 Year-over-year analysis

ABC TURBUSSER AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-06-19; registry 2009-06-30

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABC TURBUSSER AS. Revenue 0 NOK → 1.80m NOK. Equity 100.0k NOK → 84.7k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC TURBUSSER AS.

Scorecard

Revenue
0 NOK 1.80m NOK
—
Operating result
0 NOK +90.8k NOK
—
Equity
100.0k NOK 84.7k NOK
-15.3%
Cash
466.1k NOK 455.6k NOK
-2.3%
Total assets
1.58m NOK 1.44m NOK
-8.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 1.80m NOK. Calculated

  • ↑

    Operating result improved

    Operating result 0 NOK → +90.8k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 100.0k NOK → 84.7k NOK (equity ratio 6.3% → 5.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 466.1k NOK → 455.6k NOK (-2.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation