24 FRAMES PER SECOND AS: årsregnskap 2008 vs 2007
Weaker earnings
approved 2009-06-15; registry 2009-08-25
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 24 FRAMES PER SECOND AS. Revenue 961.6k NOK → 990.3k NOK (+3.0%). Net result +176.1k NOK → +4 569 NOK. Equity 239.8k NOK → 244.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 961.6k NOK to 990.3k NOK (+3.0% YoY). Calculated
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↑
Equity strengthened
Book equity 239.8k NOK → 244.4k NOK (equity ratio 49.2% → 36.6%). Calculated
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↑
Cash rose
Bank deposits 185.2k NOK → 368.2k NOK (+98.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.76× → 1.06×. Calculated
What deteriorated
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↓
Net result weakened
Net result +176.1k NOK → +4 569 NOK (net margin 18.3% → 0.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 485.0k NOK → 527.0k NOK (50% → 53% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 232.7k NOK → 187.2k NOK. Reported fact