AETOS AS: årsregnskap 2008 vs 2007
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AETOS AS. Net result -17.6k NOK → -60.3k NOK. Equity 94.9k NOK → 34.5k NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AETOS AS.
At a glance
Scorecard
Operating result
-19.6k NOK
-11.6k NOK
+40.8%
Net result
-17.6k NOK
-60.3k NOK
-241.9%
Equity
94.9k NOK
34.5k NOK
-63.6%
Total assets
398.6k NOK
458.7k NOK
+15.1%
What improved
-
↑
Operating result improved
Operating result -19.6k NOK → -11.6k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result -17.6k NOK → -60.3k NOK. Calculated
-
↓
Equity eroded
Book equity 94.9k NOK → 34.5k NOK (equity ratio 23.8% → 7.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation