ABYSS AKVASERVICE AS: årsregnskap 2008 vs 2007
Grew 91% on revenue, cash halved-plus, fresh owner capital
approved 2009-06-30; registry 2009-09-17
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABYSS AKVASERVICE AS. Revenue 4.47m NOK → 8.52m NOK (+90.7%). Equity -4 888 NOK → 1.52m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.47m NOK to 8.52m NOK (+90.7% YoY). Calculated
-
↑
Equity strengthened
Book equity -4 888 NOK → 1.52m NOK (equity ratio -0.1% → 10.1%). Calculated
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↑
Owners injected capital
Paid-in equity rose 200.0k NOK → 2.31m NOK (+2.11m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 296.0k NOK → 4 247 NOK (-98.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.69× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4 341 NOK → 43.0k NOK (+889.4% YoY). Calculated