24/7 EKSPRESS AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-06-12; registry 2009-09-01
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 24/7 EKSPRESS AS. Revenue 4.96m NOK → 5.03m NOK (+1.5%). Equity 885.8k NOK → 954.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.96m NOK to 5.03m NOK (+1.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 885.8k NOK → 954.3k NOK (equity ratio 46.9% → 66.1%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +469.6k NOK → +224.5k NOK (op. margin 9.5% → 4.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 357.2k NOK → 417.1k NOK (7% → 8% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 1.92m NOK → 1.78m NOK (-7.6% YoY). Calculated