ACTIVE REAL ESTATE AS: årsregnskap 2009 vs 2008
Shrank 100% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACTIVE REAL ESTATE AS. Revenue 900.0k NOK → 900 NOK (-99.9%). Net result +192.3k NOK → -2 357 NOK. Equity 112.5k NOK → 110.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACTIVE REAL ESTATE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2 817 NOK → 5 373 NOK (+90.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 900.0k NOK to 900 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +264.4k NOK → -22.0k NOK (op. margin 29.4% → -2444.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 192.3k NOK profit to a loss of 2 357 NOK. Calculated
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↓
Equity eroded
Book equity 112.5k NOK → 110.2k NOK (equity ratio 27.4% → 100.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 112.5k NOK → 110.2k NOK — check capital reduction, conversion, or reclassification. Interpretation