Org.nr 989 269 526 2007 → 2008 Year-over-year analysis

ABHI HOLDING AS: årsregnskap 2008 vs 2007

Weaker earnings, cash halved-plus

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABHI HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1.19m NOK → +662.2k NOK. Equity 528.0k NOK → 1.51m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABHI HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+1.19m NOK +18.02bn NOK
+1514495.0%
Net result
+1.19m NOK +662.2k NOK
-44.4%
Equity
528.0k NOK 1.51m NOK
+186.0%
Cash
18.5k NOK 5 462 NOK
-70.5%
Total assets
533.8k NOK 2.32m NOK
+333.8%

What improved

  • ↑

    Operating result improved

    Operating result +1.19m NOK → +18.02bn NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 528.0k NOK → 1.51m NOK (equity ratio 98.9% → 65.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.19m NOK → +662.2k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 18.5k NOK → 5 462 NOK (-70.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 130.78× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 775.3k NOK → 630.3k NOK. Reported fact