Org.nr 980 292 738 2007 → 2008 Year-over-year analysis

1-2-TRE ELEMENTPRODUKSJON AS: årsregnskap 2008 vs 2007

Shrank 15% on revenue, cash halved-plus

approved 2009-05-14; registry 2009-08-18

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 1-2-TRE ELEMENTPRODUKSJON AS. Revenue 45.06m NOK → 38.39m NOK (-14.8%). Equity 2.89m NOK → 5.27m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 1-2-TRE ELEMENTPRODUKSJON AS.

At a glance

Revenue

45.06m NOK 38.39m NOK

-14.8%

Operating result

+4.40m NOK +1.65m NOK

-62.5%

Net result

n/m +2.38m NOK

—

Equity

2.89m NOK 5.27m NOK

+82.3%

Cash

22.12m NOK 9.30m NOK

-58.0%

Total assets

28.90m NOK 15.37m NOK

-46.8%

↑
Equity strengthened

Book equity 2.89m NOK → 5.27m NOK (equity ratio 10.0% → 34.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 45.06m NOK to 38.39m NOK (-14.8% YoY). Calculated
↓
Operating result weakened

Operating result +4.40m NOK → +1.65m NOK (op. margin 9.8% → 4.3%). Calculated
↓
Cash fell

Bank deposits 22.12m NOK → 9.30m NOK (-58.0% YoY). Calculated

·
COGS fell

COGS / varekostnad 26.39m NOK → 21.85m NOK (-17.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 71.2k NOK → 37.9k NOK. Reported fact