Org.nr 991 038 620 2007 → 2008 Year-over-year analysis

AK BYGG OG EIENDOM AS: årsregnskap 2008 vs 2007

Cash halved-plus

approved 2009-02-27; registry 2009-04-08

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AK BYGG OG EIENDOM AS. Equity 7 595 NOK → 360.5k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AK BYGG OG EIENDOM AS.

Scorecard

Revenue
n/m 318.8k NOK
—
Operating result
-12.8k NOK +284.8k NOK
+2330.3%
Equity
7 595 NOK 360.5k NOK
+4646.7%
Cash
731.0k NOK 253.8k NOK
-65.3%
Total assets
2 305 NOK 14.97m NOK
+649214.3%

What improved

  • ↑

    Operating result improved

    Operating result -12.8k NOK → +284.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 7 595 NOK → 360.5k NOK (equity ratio 329.5% → 2.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 731.0k NOK → 253.8k NOK (-65.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 60.52× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 55 NOK → 5 831 NOK. Calculated