GENTIAN DIAGNOSTICS ASA: årsregnskap 2008 vs 2007
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for GENTIAN DIAGNOSTICS ASA. Net result +546.7k NOK → 0 NOK. Equity 8.10m NOK → 100.1k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for GENTIAN DIAGNOSTICS ASA.
At a glance
Scorecard
Revenue
n/m
8.33m NOK
—
Operating result
+845.2k NOK
+283.4k NOK
-66.5%
Net result
+546.7k NOK
0 NOK
-100.0%
Equity
8.10m NOK
100.1k NOK
-98.8%
Cash
n/m
152.0k NOK
—
Total assets
6.64m NOK
12.39m NOK
+86.7%
What deteriorated
-
↓
Operating result weakened
Operating result +845.2k NOK → +283.4k NOK. Calculated
-
↓
Net result weakened
Net result +546.7k NOK → 0 NOK. Calculated
-
↓
Equity eroded
Book equity 8.10m NOK → 100.1k NOK (equity ratio 122.0% → 0.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 3.97m NOK → 4.81m NOK. Calculated