ADOLPH BERGSVEI 58 AS: årsregnskap 2008 vs 2007
Shrank 97% on revenue, stronger earnings
approved 2009-06-30; registry 2009-09-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADOLPH BERGSVEI 58 AS. Revenue 20.72m NOK → 602.1k NOK (-97.1%). Net result +1 755 NOK → +141.4k NOK. Equity 5.60m NOK → 4.81m NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +1 755 NOK → +141.4k NOK (net margin 0.0% → 23.5%). Calculated
-
↑
Cash rose
Bank deposits 754.4k NOK → 1.09m NOK (+44.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 12.23m NOK → 47.1k NOK (59% → 8% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 20.72m NOK to 602.1k NOK (-97.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.84m NOK → +145.6k NOK (op. margin 8.9% → 24.2%). Calculated
-
↓
Equity eroded
Book equity 5.60m NOK → 4.81m NOK (equity ratio 45.8% → 44.3%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 210.0k NOK → 159.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 454.5k NOK → 9 301 NOK (-98.0% YoY). Calculated