ACUMULUS AS: årsregnskap 2008 vs 2007
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACUMULUS AS. Net result -20.1k NOK → -2.08m NOK. Equity 71.7k NOK → -2.01m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACUMULUS AS.
At a glance
Scorecard
Operating result
-11.2k NOK
-20.2k NOK
-80.0%
Net result
-20.1k NOK
-2.08m NOK
-10275.3%
Equity
71.7k NOK
-2.01m NOK
-2903.4%
Cash
n/m
2.02m NOK
—
Total assets
838.2k NOK
4.71m NOK
+461.5%
What deteriorated
-
↓
Operating result weakened
Operating result -11.2k NOK → -20.2k NOK. Calculated
-
↓
Net result weakened
Net result -20.1k NOK → -2.08m NOK. Calculated
-
↓
Equity eroded
Book equity 71.7k NOK → -2.01m NOK (equity ratio 8.6% → -42.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -42.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 4.18m NOK → 2.69m NOK. Reported fact