Org.nr 989 951 750 2007 → 2008 Year-over-year analysis

2CARE HJEMMETJENESTER AS: årsregnskap 2008 vs 2007

Shrank 8% on revenue, cash halved-plus

approved 2009-05-30; registry 2009-07-29

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 2CARE HJEMMETJENESTER AS. Revenue 6.02m NOK → 5.56m NOK (-7.6%). Equity 609.4k NOK → 596.7k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2CARE HJEMMETJENESTER AS.

At a glance

Revenue

6.02m NOK 5.56m NOK

-7.6%

Operating result

+549.2k NOK -16.4k NOK

-103.0%

Net result

+391.9k NOK n/m

—

Equity

609.4k NOK 596.7k NOK

-2.1%

Cash

1.41m NOK 591.0k NOK

-58.1%

Total assets

1.93m NOK 1.46m NOK

-24.2%

↓
Revenue fell

Operating income / revenue moved from 6.02m NOK to 5.56m NOK (-7.6% YoY). Calculated
↓
Operating result weakened

Operating result +549.2k NOK → -16.4k NOK (op. margin 9.1% → -0.3%). Calculated
↓
Equity eroded

Book equity 609.4k NOK → 596.7k NOK (equity ratio 31.6% → 40.9%). Calculated
↓
Cash fell

Bank deposits 1.41m NOK → 591.0k NOK (-58.1% YoY). Calculated