ACHIEVES AS: årsregnskap 2008 vs 2007
Shrank 94% on revenue
approved 2009-05-25; registry 2009-05-27
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACHIEVES AS. Revenue 728.9k NOK → 41.7k NOK (-94.3%). Equity 337.9k NOK → -117.2k NOK.
Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACHIEVES AS.
At a glance
Scorecard
Revenue
728.9k NOK
41.7k NOK
-94.3%
Equity
337.9k NOK
-117.2k NOK
-134.7%
Total assets
5.45m NOK
511.9k NOK
-90.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 728.9k NOK to 41.7k NOK (-94.3% YoY). Calculated
-
↓
Equity eroded
Book equity 337.9k NOK → -117.2k NOK (equity ratio 6.2% → -22.9%). Calculated
-
↓
COGS moved
COGS / varekostnad 294 NOK → 152.3k NOK (+51700.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation