AKERSHUS MILJØKRAFT AS: årsregnskap 2008 vs 2007
Shrank 80% on revenue
approved 2009-06-18; registry 2009-08-12
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AKERSHUS MILJØKRAFT AS. Revenue 599.8k NOK → 120.0k NOK (-80.0%). Equity 586.5k NOK → 56.4k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSHUS MILJØKRAFT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +20.1k NOK → +638.1k NOK (op. margin 3.4% → 531.7%). Calculated
-
↑
Cash rose
Bank deposits 64.7k NOK → 743.7k NOK (+1050.3% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.60× → 1.44×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 599.8k NOK to 120.0k NOK (-80.0% YoY). Calculated
-
↓
Equity eroded
Book equity 586.5k NOK → 56.4k NOK (equity ratio 62.7% → 8.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 12.8k NOK → 1 060 NOK (-91.7% YoY). Calculated