Org.nr 885 265 952 2007 → 2008 Year-over-year analysis

AH EIENDOM AUESTAD & HÅLAND AS: årsregnskap 2008 vs 2007

Shrank 6% on revenue, cash halved-plus

approved 2009-04-20; registry 2009-08-27

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AH EIENDOM AUESTAD & HÅLAND AS. Revenue 510.0k NOK → 480.0k NOK (-5.9%). Equity 933.0k NOK → 102.2k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH EIENDOM AUESTAD & HÅLAND AS.

At a glance

Revenue

510.0k NOK 480.0k NOK

-5.9%

Net result

+207.1k NOK n/m

—

Equity

933.0k NOK 102.2k NOK

-89.0%

Cash

257.5k NOK 27.2k NOK

-89.4%

Total assets

3.03m NOK 2.70m NOK

-10.9%

↓
Revenue fell

Operating income / revenue moved from 510.0k NOK to 480.0k NOK (-5.9% YoY). Calculated
↓
Equity eroded

Book equity 933.0k NOK → 102.2k NOK (equity ratio 30.7% → 3.8%). Calculated
↓
Cash fell

Bank deposits 257.5k NOK → 27.2k NOK (-89.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation