Org.nr 983 445 470 2008 → 2009 Year-over-year analysis

AKERSHUS BOLIG OG SPARING AS: årsregnskap 2009 vs 2008

Grew 784% on revenue

approved 2010-06-18; registry 2010-08-24; journal 2010 629766

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AKERSHUS BOLIG OG SPARING AS. Revenue 136.4k NOK → 1.21m NOK (+783.5%). Net result +269.1k NOK → +220.7k NOK. Equity 934.9k NOK → 155.7k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS BOLIG OG SPARING AS.

Scorecard

Revenue
136.4k NOK 1.21m NOK
+783.5%
Operating result
+865.4k NOK +916.34m NOK
+105787.4%
Net result
+269.1k NOK +220.7k NOK
-18.0%
Equity
934.9k NOK 155.7k NOK
-83.3%
Cash
40.4k NOK 52.9k NOK
+30.8%
Total assets
15.60m NOK 15.47m NOK
-0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 136.4k NOK to 1.21m NOK (+783.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +865.4k NOK → +916.34m NOK (op. margin 634.3% → 76016.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.4k NOK → 52.9k NOK (+30.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +269.1k NOK → +220.7k NOK (net margin 197.3% → 18.3%). Calculated

  • ↓

    Equity eroded

    Book equity 934.9k NOK → 155.7k NOK (equity ratio 6.0% → 1.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation