AINFO AS: årsregnskap 2008 vs 2007
Shrank 89% on revenue
approved 2009-06-30; registry 2009-09-01
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AINFO AS. Revenue 214.7k NOK → 22.7k NOK (-89.4%). Equity 72.7k NOK → -297.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AINFO AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 6 514 NOK → 2 NOK (3% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 214.7k NOK to 22.7k NOK (-89.4% YoY). Calculated
-
↓
Operating result weakened
Operating result -30.4k NOK → -181.1k NOK (op. margin -14.2% → -798.4%). Calculated
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↓
Equity eroded
Book equity 72.7k NOK → -297.9k NOK (equity ratio 6.1% → -20.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation