FirmaIQ
Org.nr 992 102 888 2007 → 2008 Year-over-year analysis

ACCENDIA AS: årsregnskap 2008 vs 2007

Slipped into loss, cash halved-plus

approved 2009-06-25; registry 2010-09-09; journal 2010 732918

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACCENDIA AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +29 NOK → -767.4k NOK. Equity 101.5k NOK → -665.9k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCENDIA AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+29 NOK -767.4k NOK
-2646348.3%
Equity
101.5k NOK -665.9k NOK
-755.9%
Cash
110.0k NOK 13.8k NOK
-87.4%
Total assets
2 231 NOK 3.19m NOK
+143079.8%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 29 NOK profit to a loss of 767.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 101.5k NOK → -665.9k NOK (equity ratio 4550.8% → -20.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 110.0k NOK → 13.8k NOK (-87.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -20.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 121 NOK → 3.11m NOK. Reported fact