Org.nr 988 862 703 2008 → 2009 Year-over-year analysis

POLIGHT ASA: årsregnskap 2009 vs 2008

Shrank 44% on revenue

approved 2010-05-06; registry 2010-08-25; journal 2010 638953

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for POLIGHT ASA. Revenue 60.0k NOK → 33.5k NOK (-44.2%). Equity -7.39m NOK → 1.85m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for POLIGHT ASA.

Scorecard

Revenue
60.0k NOK 33.5k NOK
-44.2%
Operating result
-9.93m NOK n/m
—
Net result
n/m -16.03m NOK
—
Equity
-7.39m NOK 1.85m NOK
+125.0%
Cash
471.4k NOK 7.54m NOK
+1499.1%
Total assets
9.84m NOK 18.86m NOK
+91.7%

What improved

  • ↑

    Equity strengthened

    Book equity -7.39m NOK → 1.85m NOK (equity ratio -75.2% → 9.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 471.4k NOK → 7.54m NOK (+1499.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.18× → 1.61×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 60.0k NOK to 33.5k NOK (-44.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 35.00m NOK → 25.63m NOK — check capital reduction, conversion, or reclassification. Interpretation