AKERSHUS BYGG & BOLIGSERVICE AS: årsregnskap 2009 vs 2008
Shrank 41% on revenue, slipped into loss
approved 2010-05-03; registry 2010-08-17; journal 2010 596801
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AKERSHUS BYGG & BOLIGSERVICE AS. Revenue 272.3k NOK → 160.6k NOK (-41.0%). Net result +57.6k NOK → -107.5k NOK. Equity 157.6k NOK → 50.1k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS BYGG & BOLIGSERVICE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 272.3k NOK to 160.6k NOK (-41.0% YoY). Calculated
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Operating result weakened
Operating result +76.1k NOK → -123.5k NOK (op. margin 27.9% → -76.9%). Calculated
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Fell into a net loss
Net result flipped from 57.6k NOK profit to a loss of 107.5k NOK. Calculated
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Equity eroded
Book equity 157.6k NOK → 50.1k NOK (equity ratio 46.5% → 7.1%). Calculated
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COGS moved
COGS / varekostnad 157.8k NOK → 685.2k NOK (+334.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation