ABORDA STILLAS AS: årsregnskap 2008 vs 2007
Shrank 60% on revenue, cash halved-plus
approved 2009-08-11; registry 2009-08-31
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABORDA STILLAS AS. Revenue 6.94m NOK → 2.75m NOK (-60.4%). Net result -376.3k NOK → -376.3k NOK. Equity 1.34m NOK → 967.0k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABORDA STILLAS AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.67× → 1.15×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.94m NOK to 2.75m NOK (-60.4% YoY). Calculated
-
↓
Equity eroded
Book equity 1.34m NOK → 967.0k NOK (equity ratio 23.2% → 22.5%). Calculated
-
↓
Cash fell
Bank deposits 19.2k NOK → 272 NOK (-98.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 69.9k NOK → 15.3k NOK (-78.0% YoY). Calculated