AGGAHYTTER AS: årsregnskap 2008 vs 2007
Shrank 73% on revenue
approved 2009-03-17; registry 2009-03-25
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGGAHYTTER AS. Revenue 1.52m NOK → 413.0k NOK (-72.8%). Equity 620.5k NOK → -39.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGGAHYTTER AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 385.4k NOK → 8 541 NOK (25% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.52m NOK to 413.0k NOK (-72.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.30m NOK → -808.3k NOK (op. margin 85.3% → -195.7%). Calculated
-
↓
Equity eroded
Book equity 620.5k NOK → -39.2k NOK (equity ratio 14.3% → -1.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 2 200 NOK → 200.0k NOK. Reported fact