FirmaIQ
Org.nr 964 042 721 2007 → 2008 Year-over-year analysis

ABEL EIENDOMSFORVALTNING AS: årsregnskap 2008 vs 2007

Shrank 7% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABEL EIENDOMSFORVALTNING AS. Revenue 5.96m NOK → 5.55m NOK (-6.9%). Net result +693.4k NOK → +693.4k NOK. Equity 693.1k NOK → 397.2k NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
5.96m NOK 5.55m NOK
-6.9%
Operating result
n/m +2.28m NOK
—
Net result
+693.4k NOK +693.4k NOK
0.0%
Equity
693.1k NOK 397.2k NOK
-42.7%
Total assets
6.92m NOK 7.95m NOK
+14.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.96m NOK to 5.55m NOK (-6.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 693.1k NOK → 397.2k NOK (equity ratio 10.0% → 5.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 007 NOK → 44.2k NOK (0% → 1% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation