Org.nr 936 269 311 2007 → 2008 Year-over-year analysis

ADVO-CASA AS: årsregnskap 2008 vs 2007

Another loss-making year

approved 2009-03-30; registry 2009-08-29

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVO-CASA AS. Revenue 622.0k NOK → 621.1k NOK (-0.1%). Equity 100.0k NOK → -1.57m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVO-CASA AS.

At a glance

Revenue

622.0k NOK 621.1k NOK

-0.1%

Operating result

-271.0k NOK +198.8k NOK

+173.4%

Net result

n/m -120.1k NOK

—

Equity

100.0k NOK -1.57m NOK

-1665.4%

Cash

7 520 NOK 48.0k NOK

+538.6%

Total assets

3.34m NOK 2.87m NOK

-14.1%

↑
Operating result improved

Operating result -271.0k NOK → +198.8k NOK (op. margin -43.6% → 32.0%). Calculated
↑
Cash rose

Bank deposits 7 520 NOK → 48.0k NOK (+538.6% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 622.0k NOK to 621.1k NOK (-0.1% YoY). Calculated
↓
Equity eroded

Book equity 100.0k NOK → -1.57m NOK (equity ratio 3.0% → -54.5%). Calculated

·
Thin equity buffer

Equity ratio is -54.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation