Org.nr 864 536 832 2007 → 2008 Year-over-year analysis

AGG INVEST AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-06-30; registry 2009-10-20

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AGG INVEST AS. Revenue 1.55m NOK → 1.53m NOK (-1.7%). Equity -130.4k NOK → -290.7k NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGG INVEST AS.

At a glance

Revenue

1.55m NOK 1.53m NOK

-1.7%

Net result

-180.2k NOK n/m

—

Equity

-130.4k NOK -290.7k NOK

-123.0%

Total assets

1.99m NOK 1.91m NOK

-3.9%

↓
Revenue fell

Operating income / revenue moved from 1.55m NOK to 1.53m NOK (-1.7% YoY). Calculated
↓
Equity eroded

Book equity -130.4k NOK → -290.7k NOK (equity ratio -6.6% → -15.2%). Calculated
↓
Payroll up without matching revenue

Salary cost 463.8k NOK → 584.1k NOK (30% → 38% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -15.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 642.6k NOK → 613.1k NOK (-4.6% YoY). Calculated