ABUELO FINANS AS: årsregnskap 2008 vs 2007
Weaker earnings
approved 2009-05-01; registry 2009-05-20
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABUELO FINANS AS. Net result -100.8k NOK → -162.8k NOK. Equity 37.0k NOK → -125.7k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABUELO FINANS AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
-3 212 NOK
-16.4k NOK
-411.3%
Net result
-100.8k NOK
-162.8k NOK
-61.5%
Equity
37.0k NOK
-125.7k NOK
-439.6%
Total assets
482.6k NOK
817.4k NOK
+69.4%
What deteriorated
-
↓
Operating result weakened
Operating result -3 212 NOK → -16.4k NOK. Calculated
-
↓
Net result weakened
Net result -100.8k NOK → -162.8k NOK. Calculated
-
↓
Equity eroded
Book equity 37.0k NOK → -125.7k NOK (equity ratio 7.7% → -15.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -15.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation