Org.nr 987 538 589 2007 → 2008 Year-over-year analysis

AHLQVIST AS: årsregnskap 2008 vs 2007

Shrank 9% on revenue, weaker earnings, cash halved-plus

approved 2009-05-15; registry 2009-07-27

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AHLQVIST AS. Revenue 1.55m NOK → 1.41m NOK (-9.1%). Net result +535.7k NOK → +227.8k NOK. Equity 947.8k NOK → 1 175 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHLQVIST AS.

Scorecard

Revenue
1.55m NOK 1.41m NOK
-9.1%
Operating result
+703.5k NOK +404.4k NOK
-42.5%
Net result
+535.7k NOK +227.8k NOK
-57.5%
Equity
947.8k NOK 1 175 NOK
-99.9%
Cash
1.61m NOK 794.4k NOK
-50.5%
Total assets
1.66m NOK 1.47m NOK
-11.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.55m NOK to 1.41m NOK (-9.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +703.5k NOK → +404.4k NOK (op. margin 45.3% → 28.6%). Calculated

  • ↓

    Net result weakened

    Net result +535.7k NOK → +227.8k NOK (net margin 34.5% → 16.1%). Calculated

  • ↓

    Equity eroded

    Book equity 947.8k NOK → 1 175 NOK (equity ratio 57.1% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.61m NOK → 794.4k NOK (-50.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation