ABRAXAS AS: årsregnskap 2008 vs 2007
Weaker earnings
approved 2009-06-11; registry 2009-09-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABRAXAS AS. Revenue 0 NOK → 383.7k NOK. Net result +683.4k NOK → +269.3k NOK. Equity 8.35m NOK → 5.83m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRAXAS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 383.7k NOK. Calculated
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↑
Operating result improved
Operating result -76.1k NOK → +332.8k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +683.4k NOK → +269.3k NOK. Calculated
-
↓
Equity eroded
Book equity 8.35m NOK → 5.83m NOK (equity ratio 82.6% → 79.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 512.6k NOK → 628.2k NOK. Reported fact