ABOVE MEDIA AS: årsregnskap 2008 vs 2007
Shrank 60% on revenue, weaker earnings
approved 2009-06-20; registry 2009-08-24
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABOVE MEDIA AS. Revenue 435.0k NOK → 174.9k NOK (-59.8%). Net result -48.3k NOK → -136.6k NOK. Equity 276.6k NOK → 140.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABOVE MEDIA AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 435.0k NOK to 174.9k NOK (-59.8% YoY). Calculated
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↓
Operating result weakened
Operating result +71.5k NOK → -94.8k NOK (op. margin 16.4% → -54.2%). Calculated
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↓
Net result weakened
Net result -48.3k NOK → -136.6k NOK (net margin -11.1% → -78.1%). Calculated
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↓
Equity eroded
Book equity 276.6k NOK → 140.0k NOK (equity ratio 60.0% → 97.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 332.9k NOK → 122.3k NOK (-63.3% YoY). Calculated