FirmaIQ
Org.nr 824 349 312 2007 → 2008 Year-over-year analysis

AEB EIENDOMINVEST AS: årsregnskap 2008 vs 2007

Shrank 55% on revenue, weaker earnings, cash halved-plus

approved 2009-06-21; registry 2009-08-24

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AEB EIENDOMINVEST AS. Revenue 3.59m NOK → 1.62m NOK (-54.8%). Net result -1 046 NOK → -3.03m NOK. Equity 7.16m NOK → 4.13m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AEB EIENDOMINVEST AS.

At a glance

Scorecard

Revenue
3.59m NOK 1.62m NOK
-54.8%
Net result
-1 046 NOK -3.03m NOK
-289746.7%
Equity
7.16m NOK 4.13m NOK
-42.3%
Cash
8.07m NOK 2.84m NOK
-64.8%
Total assets
33.53m NOK 31.07m NOK
-7.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.59m NOK to 1.62m NOK (-54.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result -1 046 NOK → -3.03m NOK (net margin -0.0% → -186.7%). Calculated

  • ↓

    Equity eroded

    Book equity 7.16m NOK → 4.13m NOK (equity ratio 21.4% → 13.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.07m NOK → 2.84m NOK (-64.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.16m NOK → 2.93m NOK (32% → 180% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.07m NOK → 2.84m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.59m NOK → 1.72m NOK. Reported fact