ACTIO BEGRAVELSESBYRÅ AS: årsregnskap 2008 vs 2007
Stronger earnings, cash halved-plus
approved 2009-08-31; registry 2009-10-05
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACTIO BEGRAVELSESBYRÅ AS. Revenue 0 NOK → 54.6k NOK. Net result +359.1k NOK → +511.0k NOK. Equity 942.5k NOK → 431.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACTIO BEGRAVELSESBYRÅ AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 0 NOK to 54.6k NOK. Calculated
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↑
Operating result improved
Operating result +380.8k NOK → +517.6k NOK. Calculated
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↑
Net result improved
Net result +359.1k NOK → +511.0k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 942.5k NOK → 431.4k NOK (equity ratio 46.1% → 22.8%). Calculated
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↓
Cash fell
Bank deposits 1.08m NOK → 60.1k NOK (-94.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 12.69× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.08m NOK → 60.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation