Org.nr 991 408 495 2007 → 2008 Year-over-year analysis

AIBEL HOLDING III AS: årsregnskap 2008 vs 2007

Weaker earnings, cash halved-plus, fresh owner capital

approved 2009-10-19; registry 2009-10-28

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -951.00m NOK → -1.40bn NOK. Equity 1.05bn NOK → 951.19m NOK.

On the constructive side: owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIBEL HOLDING III AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
-951.00m NOK -1.40bn NOK
-46.8%
Equity
1.05bn NOK 951.19m NOK
-9.8%
Cash
770.00m NOK 326.00m NOK
-57.7%
Total assets
2.06bn NOK 972.10m NOK
-52.8%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 1 045 NOK → 1.77bn NOK (+1.77bn NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -951.00m NOK → -1.40bn NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.05bn NOK → 951.19m NOK (equity ratio 51.2% → 97.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 770.00m NOK → 326.00m NOK (-57.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 155 NOK → 3.14m NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2 223 NOK → 728.00m NOK (+32748438.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.2k NOK → 71.00m NOK. Reported fact