AKA SYSTEM INVEST AS: årsregnskap 2008 vs 2007
Shrank 18% on revenue
approved 2009-06-10; registry 2009-07-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AKA SYSTEM INVEST AS. Revenue 450.2k NOK → 367.2k NOK (-18.4%). Equity 190.4k NOK → 156.4k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
450.2k NOK
367.2k NOK
-18.4%
Net result
+58.6k NOK
n/m
—
Equity
190.4k NOK
156.4k NOK
-17.8%
Cash
177.5k NOK
137.0k NOK
-22.8%
Total assets
256.6k NOK
234.4k NOK
-8.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 450.2k NOK to 367.2k NOK (-18.4% YoY). Calculated
-
↓
Equity eroded
Book equity 190.4k NOK → 156.4k NOK (equity ratio 74.2% → 66.7%). Calculated
-
↓
Cash fell
Bank deposits 177.5k NOK → 137.0k NOK (-22.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 350.8k NOK → 392.9k NOK (78% → 107% of revenue). Calculated