ACO AS: årsregnskap 2008 vs 2007
Grew 19% on revenue
approved 2009-06-30; registry 2009-09-16
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACO AS. Revenue 4.09m NOK → 4.87m NOK (+18.9%). Equity 690.6k NOK → 330.0k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.09m NOK to 4.87m NOK (+18.9% YoY). Calculated
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↑
Operating result improved
Operating result +59.6k NOK → +1.56m NOK (op. margin 1.5% → 32.1%). Calculated
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↑
Cash rose
Bank deposits 1.48m NOK → 1.68m NOK (+13.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 690.6k NOK → 330.0k NOK (equity ratio 5.6% → 2.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation