Org.nr 963 877 722 2007 → 2008 Year-over-year analysis

AKERSHUS EIENDOM AS: årsregnskap 2008 vs 2007

Shrank 54% on revenue, cash halved-plus

approved 2009-04-29; registry 2009-06-29

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AKERSHUS EIENDOM AS. Revenue 152.48m NOK → 69.74m NOK (-54.3%).

On the constructive side: operating result improved. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKERSHUS EIENDOM AS.

At a glance

Revenue

152.48m NOK 69.74m NOK

-54.3%

Operating result

+8 NOK +18.01m NOK

+225132712.5%

Equity

n/m 11.26m NOK

—

Cash

46.96m NOK 9.86m NOK

-79.0%

Total assets

131.52m NOK 56.20m NOK

-57.3%

↑
Operating result improved

Operating result +8 NOK → +18.01m NOK (op. margin 0.0% → 25.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 152.48m NOK to 69.74m NOK (-54.3% YoY). Calculated
↓
Cash fell

Bank deposits 46.96m NOK → 9.86m NOK (-79.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 17.51m NOK → 20.27m NOK (11% → 29% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (46.96m NOK → 9.86m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 2.11m NOK → 120.0k NOK. Reported fact