ABEL MEYERSGATE 3 AS: årsregnskap 2008 vs 2007
Grew 91% on revenue
approved 2009-06-30; registry 2009-08-22
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABEL MEYERSGATE 3 AS. Revenue 255.4k NOK → 488.9k NOK (+91.4%). Equity 264.9k NOK → -526.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ABEL MEYERSGATE 3 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 255.4k NOK to 488.9k NOK (+91.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -125.0k NOK → -910.4k NOK (op. margin -48.9% → -186.2%). Calculated
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↓
Equity eroded
Book equity 264.9k NOK → -526.5k NOK (equity ratio 8.1% → -12.8%). Calculated
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↓
Cash fell
Bank deposits 100.0k NOK → 83.4k NOK (-16.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -12.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 108.0k NOK → 102.0k NOK — check capital reduction, conversion, or reclassification. Interpretation