ACHIEVES AS: årsregnskap 2009 vs 2008
Shrank 95% on revenue
approved 2010-04-29; registry 2010-05-10
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACHIEVES AS. Revenue 41.7k NOK → 2 000 NOK (-95.2%). Equity -117.2k NOK → -449.1k NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACHIEVES AS.
At a glance
Scorecard
Revenue
41.7k NOK
2 000 NOK
-95.2%
Operating result
n/m
-331.0k NOK
—
Equity
-117.2k NOK
-449.1k NOK
-283.2%
Total assets
511.9k NOK
281.1k NOK
-45.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 41.7k NOK to 2 000 NOK (-95.2% YoY). Calculated
-
↓
Equity eroded
Book equity -117.2k NOK → -449.1k NOK (equity ratio -22.9% → -159.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -159.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 152.3k NOK → 152 NOK (-99.9% YoY). Calculated