ACCESS INNOVATION AS: årsregnskap 2008 vs 2007
Shrank 100% on revenue
approved 2009-06-30; registry 2009-09-12
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACCESS INNOVATION AS. Revenue 785.8k NOK → 857 NOK (-99.9%). Net result +360.6k NOK → +357.9k NOK. Equity 464.6k NOK → 422.5k NOK.
Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
785.8k NOK
857 NOK
-99.9%
Operating result
n/m
+3.51m NOK
—
Net result
+360.6k NOK
+357.9k NOK
-0.8%
Equity
464.6k NOK
422.5k NOK
-9.1%
Cash
377.1k NOK
n/m
—
Total assets
961.9k NOK
902.2k NOK
-6.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 785.8k NOK to 857 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 464.6k NOK → 422.5k NOK (equity ratio 48.3% → 46.8%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 251 NOK → 5.47m NOK (0% → 638450% of revenue). Calculated