ABSOLUT MARKETING AS: årsregnskap 2008 vs 2007
Grew 16656% on revenue
approved 2009-08-04; registry 2009-09-05
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABSOLUT MARKETING AS. Revenue 746 NOK → 125.0k NOK (+16656.0%). Equity -381.5k NOK → -720.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABSOLUT MARKETING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 746 NOK to 125.0k NOK (+16656.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -329.7k NOK → -332.8k NOK (op. margin -44190.2% → -266.2%). Calculated
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↓
Equity eroded
Book equity -381.5k NOK → -720.9k NOK (equity ratio -184.3% → -5816.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5816.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 7 974 NOK → 114.5k NOK (1069% → 92% of revenue). Calculated