Org.nr 986 678 166 2007 → 2008 Year-over-year analysis

ACRO BYGG AS: årsregnskap 2008 vs 2007

Shrank 9% on revenue, cash halved-plus

approved 2009-06-30; registry 2009-09-15

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACRO BYGG AS. Revenue 21.52m NOK → 19.53m NOK (-9.2%). Equity 5.11m NOK → 8.62m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACRO BYGG AS.

At a glance

Revenue

21.52m NOK 19.53m NOK

-9.2%

Equity

5.11m NOK 8.62m NOK

+68.8%

Cash

6.68m NOK 2.32m NOK

-65.3%

Total assets

10.06m NOK 13.04m NOK

+29.6%

↑
Equity strengthened

Book equity 5.11m NOK → 8.62m NOK (equity ratio 50.8% → 66.1%). Calculated
↑
Payroll decreased

Salary cost 8.34m NOK → 8.15m NOK (39% → 42% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 21.52m NOK to 19.53m NOK (-9.2% YoY). Calculated
↓
Cash fell

Bank deposits 6.68m NOK → 2.32m NOK (-65.3% YoY). Calculated
↓
COGS moved

COGS / varekostnad 570.9k NOK → 4.69m NOK (+721.3% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (6.68m NOK → 2.32m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 4 112 NOK → 6.63m NOK. Reported fact