ABZ EIENDOM AS: årsregnskap 2008 vs 2007
Grew 23% on revenue, slipped into loss, cash halved-plus
approved 2009-06-26; registry 2009-09-03
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABZ EIENDOM AS. Revenue 132.2k NOK → 162.4k NOK (+22.9%). Net result +13.8k NOK → -7 154 NOK. Equity 154.0k NOK → 146.9k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABZ EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 132.2k NOK to 162.4k NOK (+22.9% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 13.8k NOK profit to a loss of 7 154 NOK. Calculated
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↓
Equity eroded
Book equity 154.0k NOK → 146.9k NOK (equity ratio 11.0% → 10.7%). Calculated
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↓
Cash fell
Bank deposits 46.6k NOK → 14.4k NOK (-69.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.89× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 007 NOK → 75.8k NOK (2% → 47% of revenue). Calculated