ACASO INVEST AS: årsregnskap 2008 vs 2007
Shrank 27% on revenue, returned to profit
approved 2009-11-13; registry 2009-11-16
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACASO INVEST AS. Revenue 100.4k NOK → 73.7k NOK (-26.6%). Net result -464.9k NOK → +22.0k NOK. Equity -2.43m NOK → -2.40m NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACASO INVEST AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 464.9k NOK to a profit of 22.0k NOK. Calculated
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↑
Equity strengthened
Book equity -2.43m NOK → -2.40m NOK (equity ratio -3547.0% → -24092.4%). Calculated
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↑
Payroll decreased
Salary cost 137.5k NOK → -79.0k NOK (137% → -107% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 100.4k NOK to 73.7k NOK (-26.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -24092.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation