Org.nr 992 053 534 2007 → 2008 Year-over-year analysis

ABEL MEYERSGATE 2 AS: årsregnskap 2008 vs 2007

Grew 32% on revenue

approved 2009-06-30; registry 2009-08-22

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABEL MEYERSGATE 2 AS. Revenue 250.8k NOK → 332.4k NOK (+32.5%). Equity 496.3k NOK → 436.1k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABEL MEYERSGATE 2 AS.

Scorecard

Revenue
250.8k NOK 332.4k NOK
+32.5%
Operating result
+41.7k NOK +5 507 NOK
-86.8%
Equity
496.3k NOK 436.1k NOK
-12.1%
Cash
100.0k NOK 227.6k NOK
+127.6%
Total assets
2.37m NOK 2.53m NOK
+6.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 250.8k NOK to 332.4k NOK (+32.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 100.0k NOK → 227.6k NOK (+127.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.61×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +41.7k NOK → +5 507 NOK (op. margin 16.6% → 1.7%). Calculated

  • ↓

    Equity eroded

    Book equity 496.3k NOK → 436.1k NOK (equity ratio 21.0% → 17.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 108.0k NOK → 102.0k NOK — check capital reduction, conversion, or reclassification. Interpretation