FirmaIQ
Org.nr 984 974 493 2007 → 2008 Year-over-year analysis

4TEST INSTRUMENT AS: årsregnskap 2008 vs 2007

Shrank 16% on revenue, weaker earnings

approved 2009-01-29; registry 2009-02-28

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 4TEST INSTRUMENT AS. Revenue 27.72m NOK → 23.41m NOK (-15.5%). Net result +3.40m NOK → +1.78m NOK. Equity 1.32m NOK → 3.10m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4TEST INSTRUMENT AS.

At a glance

Scorecard

Revenue
27.72m NOK 23.41m NOK
-15.5%
Net result
+3.40m NOK +1.78m NOK
-47.6%
Equity
1.32m NOK 3.10m NOK
+134.7%
Cash
4.63m NOK 4.17m NOK
-9.9%
Total assets
11.60m NOK 8.49m NOK
-26.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.32m NOK → 3.10m NOK (equity ratio 11.4% → 36.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.72m NOK to 23.41m NOK (-15.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +3.40m NOK → +1.78m NOK (net margin 12.3% → 7.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.63m NOK → 4.17m NOK (-9.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.47m NOK → 15.40m NOK (-11.9% YoY). Calculated