AKERSGATEN 30 AS: årsregnskap 2008 vs 2007
Grew 1519% on revenue, slipped into loss
approved 2009-08-18; registry 2009-09-10
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AKERSGATEN 30 AS. Revenue 467.4k NOK → 7.57m NOK (+1519.1%). Net result +304.8k NOK → -789.2k NOK. Equity 3.28m NOK → 2.80m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for AKERSGATEN 30 AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 467.4k NOK to 7.57m NOK (+1519.1% YoY). Calculated
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Operating result improved
Operating result +2.85m NOK → +6.12m NOK (op. margin 609.1% → 80.8%). Calculated
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Cash rose
Bank deposits 760.6k NOK → 1.29m NOK (+69.6% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 304.8k NOK profit to a loss of 789.2k NOK. Calculated
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↓
Equity eroded
Book equity 3.28m NOK → 2.80m NOK (equity ratio 4.9% → 4.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 34.2k NOK → 97.0k NOK (7% → 1% of revenue). Calculated
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Book investments changed
Investment / intangible book value 2 770 NOK → 991.7k NOK. Reported fact