Org.nr 988 082 570 2008 → 2009 Year-over-year analysis

ACHATES INVEST AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-17; registry 2010-08-30; journal 2010 662445

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ACHATES INVEST AS. Revenue 46.2k NOK → 46.2k NOK (0.0%). Equity -419.5k NOK → -992.5k NOK.

Pressures included: equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
46.2k NOK 46.2k NOK
0.0%
Operating result
n/m -228.0k NOK
—
Equity
-419.5k NOK -992.5k NOK
-136.6%
Total assets
929.3k NOK 358.3k NOK
-61.4%

What deteriorated

  • ↓

    Equity eroded

    Book equity -419.5k NOK → -992.5k NOK (equity ratio -45.1% → -277.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.26× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -277.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.49m NOK → 4 488 NOK. Reported fact