Org.nr 946 359 106 2008 → 2009 Year-over-year analysis

AIMO PARK NORWAY AS: årsregnskap 2009 vs 2008

Shrank 100% on revenue, cash halved-plus

approved 2010-10-27; registry 2010-11-03; journal 2010 783288

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AIMO PARK NORWAY AS. Revenue 508.79m NOK → 557.5k NOK (-99.9%). Equity 41.68m NOK → 31.45m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AIMO PARK NORWAY AS.

At a glance

Revenue

508.79m NOK 557.5k NOK

-99.9%

Net result

-9.80m NOK n/m

—

Equity

41.68m NOK 31.45m NOK

-24.5%

Cash

29.36m NOK 5.64m NOK

-80.8%

Total assets

185.22m NOK 184.18m NOK

-0.6%

↓
Revenue fell

Operating income / revenue moved from 508.79m NOK to 557.5k NOK (-99.9% YoY). Calculated
↓
Equity eroded

Book equity 41.68m NOK → 31.45m NOK (equity ratio 22.5% → 17.1%). Calculated
↓
Cash fell

Bank deposits 29.36m NOK → 5.64m NOK (-80.8% YoY). Calculated
↓
COGS moved

COGS / varekostnad 364.47m NOK → 385.06m NOK (+5.7% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (29.36m NOK → 5.64m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 63.8k NOK → 1 136 NOK. Reported fact