ABSOLUT EIENDOM AS: årsregnskap 2008 vs 2007
Shrank 100% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABSOLUT EIENDOM AS. Revenue 52.8k NOK → 0 NOK (-100.0%). Net result +167.4k NOK → +305.8k NOK. Equity -101.0k NOK → 204.8k NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUT EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +167.4k NOK → +305.8k NOK. Calculated
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↑
Equity strengthened
Book equity -101.0k NOK → 204.8k NOK (equity ratio -18.6% → 47.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.12× → 1.78×. Calculated
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↑
Payroll decreased
Salary cost 2.17m NOK → 171.2k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 52.8k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -153.8k NOK → -228.3k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 65.0k NOK → 4 NOK. Reported fact