FirmaIQ
Org.nr 989 127 918 2007 → 2008 Year-over-year analysis

3K HOLDING AS: årsregnskap 2008 vs 2007

Grew 7% on revenue, weaker earnings

approved 2009-06-30; registry 2009-09-12

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 3K HOLDING AS. Revenue 4.74m NOK → 5.07m NOK (+6.8%). Net result +3.16m NOK → +1.78m NOK. Equity 7.80m NOK → 9.29m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for 3K HOLDING AS.

At a glance

Scorecard

Revenue
4.74m NOK 5.07m NOK
+6.8%
Operating result
+3.28m NOK +2.70m NOK
-17.9%
Net result
+3.16m NOK +1.78m NOK
-43.7%
Equity
7.80m NOK 9.29m NOK
+19.1%
Total assets
11.25m NOK 14.49m NOK
+28.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.74m NOK to 5.07m NOK (+6.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.80m NOK → 9.29m NOK (equity ratio 69.4% → 64.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.28m NOK → +2.70m NOK (op. margin 69.3% → 53.2%). Calculated

  • ↓

    Net result weakened

    Net result +3.16m NOK → +1.78m NOK (net margin 66.6% → 35.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.15m NOK → 2.01m NOK (24% → 40% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.79m NOK → 2.65m NOK. Reported fact