AIVOG AS: årsregnskap 2008 vs 2007
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AIVOG AS. Revenue 0 NOK → 128.0k NOK. Net result +895.8k NOK → +167.0k NOK. Equity 381.7k NOK → 48.7k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIVOG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 128.0k NOK. Calculated
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↑
Operating result improved
Operating result -16.1k NOK → +41.6k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +895.8k NOK → +167.0k NOK. Calculated
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↓
Equity eroded
Book equity 381.7k NOK → 48.7k NOK (equity ratio 65.0% → 8.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 152.4k NOK → 570.6k NOK. Reported fact