Org.nr 983 569 285 2007 → 2008 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2008 vs 2007

Grew 51% on revenue

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 2ENTERTAIN NORGE AS. Revenue 26.73m NOK → 40.39m NOK (+51.1%). Equity 2.75m NOK → 4.24m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

At a glance

Revenue

26.73m NOK 40.39m NOK

+51.1%

Operating result

+5.09m NOK +7.26m NOK

+42.6%

Equity

2.75m NOK 4.24m NOK

+54.3%

Cash

3.40m NOK 5.68m NOK

+67.2%

Total assets

18.79m NOK 21.66m NOK

+15.2%

↑
Revenue rose

Operating income / revenue moved from 26.73m NOK to 40.39m NOK (+51.1% YoY). Calculated
↑
Operating result improved

Operating result +5.09m NOK → +7.26m NOK (op. margin 19.0% → 18.0%). Calculated
↑
Equity strengthened

Book equity 2.75m NOK → 4.24m NOK (equity ratio 14.6% → 19.6%). Calculated
↑
Cash rose

Bank deposits 3.40m NOK → 5.68m NOK (+67.2% YoY). Calculated

·
Payroll increased

Salary cost 13.46m NOK → 18.04m NOK (50% → 45% of revenue). Calculated
·
COGS moved

COGS / varekostnad 6.53m NOK → 13.39m NOK (+105.0% YoY). Calculated