ACADEMIC BUSINESS FOCUS AS: årsregnskap 2008 vs 2007
Weaker earnings, cash halved-plus
approved 2009-04-06; registry 2009-04-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACADEMIC BUSINESS FOCUS AS. Net result +153.9k NOK → +2 008 NOK. Equity 1.66m NOK → 1.07m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-19.7k NOK
+15.6k NOK
+179.0%
Net result
+153.9k NOK
+2 008 NOK
-98.7%
Equity
1.66m NOK
1.07m NOK
-35.3%
Cash
410.3k NOK
11.8k NOK
-97.1%
Total assets
1.77m NOK
142.6k NOK
-92.0%
What improved
-
↑
Operating result improved
Operating result -19.7k NOK → +15.6k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +153.9k NOK → +2 008 NOK. Calculated
-
↓
Equity eroded
Book equity 1.66m NOK → 1.07m NOK (equity ratio 93.6% → 753.3%). Calculated
-
↓
Cash fell
Bank deposits 410.3k NOK → 11.8k NOK (-97.1% YoY). Calculated