ENDÚR ASA: årsregnskap 2008 vs 2007
Shrank 100% on revenue, fresh owner capital
approved 2008-06-30; registry 2009-08-18
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ENDÚR ASA. Revenue 7 100 NOK → 0 NOK (-100.0%). Equity 1 270 NOK → 1.39bn NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ENDÚR ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1 270 NOK → 1.39bn NOK (equity ratio 65.3% → 60566.8%). Calculated
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↑
Cash rose
Bank deposits 41 NOK → 2.50m NOK (+6087704.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1 119 NOK → 1.22bn NOK (+1.22bn NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7 100 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.41× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 7 369 NOK → 2.11m NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 15.7k NOK → 16 NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 783 NOK → 14 NOK. Reported fact