ACUTULA AS: årsregnskap 2008 vs 2007
Shrank 43% on revenue, slipped into loss
approved 2009-06-30; registry 2009-09-17
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACUTULA AS. Revenue 83.9k NOK → 48.0k NOK (-42.8%). Net result +65.7k NOK → -1.02m NOK. Equity 843.2k NOK → -180.7k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACUTULA AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 83.9k NOK to 48.0k NOK (-42.8% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 65.7k NOK profit to a loss of 1.02m NOK. Calculated
-
↓
Equity eroded
Book equity 843.2k NOK → -180.7k NOK (equity ratio 675.2% → -80.1%). Calculated
-
↓
Cash fell
Bank deposits 12.5k NOK → 6 628 NOK (-47.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -80.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 6.00m NOK → 198.0k NOK. Reported fact