3D INVEST AS: årsregnskap 2008 vs 2007
Shrank 19% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 3D INVEST AS. Revenue 25.52m NOK → 20.67m NOK (-19.0%). Net result +207.9k NOK → +40.4k NOK. Equity 50.4k NOK → 90.8k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3D INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 50.4k NOK → 90.8k NOK (equity ratio 0.7% → 1.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 25.52m NOK to 20.67m NOK (-19.0% YoY). Calculated
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↓
Operating result weakened
Operating result +353.6k NOK → +91.8k NOK (op. margin 1.4% → 0.4%). Calculated
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↓
Net result weakened
Net result +207.9k NOK → +40.4k NOK (net margin 0.8% → 0.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 651.8k NOK → 662.6k NOK (3% → 3% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 24.17m NOK → 19.61m NOK (-18.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.32m NOK → 322.6k NOK. Reported fact