MAGNORA ASA: årsregnskap 2009 vs 2008
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for MAGNORA ASA. Equity 917.8k NOK → 310.9k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
n/m
53.81m NOK
—
Operating result
-12.8k NOK
-7 664 NOK
+40.1%
Net result
n/m
+7 NOK
—
Equity
917.8k NOK
310.9k NOK
-66.1%
Cash
n/m
55.40m NOK
—
Total assets
1.93m NOK
2.35m NOK
+21.9%
What improved
-
↑
Operating result improved
Operating result -12.8k NOK → -7 664 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 917.8k NOK → 310.9k NOK (equity ratio 47.6% → 13.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 11.04× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated