ACRYLICON NORD-NORGE AS: årsregnskap 2008 vs 2007
Shrank 16% on revenue
approved 2009-05-30; registry 2009-09-05
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACRYLICON NORD-NORGE AS. Revenue 31.69m NOK → 26.60m NOK (-16.1%). Net result +2 850 NOK → 0 NOK. Equity 3.01m NOK → 2.64m NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 31.69m NOK to 26.60m NOK (-16.1% YoY). Calculated
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↓
Net result weakened
Net result +2 850 NOK → 0 NOK (net margin 0.0% → 0.0%). Calculated
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↓
Equity eroded
Book equity 3.01m NOK → 2.64m NOK (equity ratio 25.4% → 19.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.39m NOK → 10.38m NOK (-27.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8 636 NOK → 271.2k NOK. Reported fact