ABO AS: årsregnskap 2008 vs 2007
Slipped into loss
approved 2009-06-17; registry 2009-07-09
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABO AS. Net result +666.0k NOK → -549.2k NOK. Equity 3.00m NOK → 2.45m NOK.
Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABO AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
-1.28m NOK
n/m
—
Net result
+666.0k NOK
-549.2k NOK
-182.5%
Equity
3.00m NOK
2.45m NOK
-18.3%
Cash
2.12m NOK
1.46m NOK
-31.1%
Total assets
4.15m NOK
3.27m NOK
-21.1%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 666.0k NOK profit to a loss of 549.2k NOK. Calculated
-
↓
Equity eroded
Book equity 3.00m NOK → 2.45m NOK (equity ratio 72.2% → 74.7%). Calculated
-
↓
Cash fell
Bank deposits 2.12m NOK → 1.46m NOK (-31.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.23m NOK → 1.37m NOK. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 903.3k NOK → 622.4k NOK. Reported fact