ABSHERON AS: årsregnskap 2008 vs 2007
Returned to profit
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABSHERON AS. Net result -10.2k NOK → +19.5k NOK. Equity 150.7k NOK → 170.2k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSHERON AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 10.2k NOK to a profit of 19.5k NOK. Calculated
-
↑
Equity strengthened
Book equity 150.7k NOK → 170.2k NOK (equity ratio 40.0% → 84.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -11.8k NOK → -13.5k NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.66× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 500.5k NOK → 4 200 NOK. Reported fact