AEB HOLDING AS: årsregnskap 2008 vs 2007
Weaker earnings
approved 2009-06-30; registry 2009-09-24
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AEB HOLDING AS. Net result -37.6k NOK → -375.2k NOK. Equity 62.4k NOK → -312.7k NOK.
On the constructive side: cash rose. 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 AEB HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 316.1k NOK → 553.7k NOK (+75.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +375 NOK → -10.3k NOK. Calculated
-
↓
Net result weakened
Net result -37.6k NOK → -375.2k NOK. Calculated
-
↓
Equity eroded
Book equity 62.4k NOK → -312.7k NOK (equity ratio 19.8% → -29.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 5 NOK → 6.51m NOK. Reported fact