60 GRADER NORD KIROPRAKTIKK AS: årsregnskap 2008 vs 2007
Grew 29% on revenue, slipped into loss, cash halved-plus
approved 2009-06-08; registry 2009-09-01
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 60 GRADER NORD KIROPRAKTIKK AS. Revenue 1.70m NOK → 2.19m NOK (+28.9%). Net result +251.9k NOK → -124.9k NOK. Equity 396.9k NOK → 272.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for 60 GRADER NORD KIROPRAKTIKK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.70m NOK to 2.19m NOK (+28.9% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +363.3k NOK → -151.6k NOK (op. margin 21.3% → -6.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 251.9k NOK profit to a loss of 124.9k NOK. Calculated
-
↓
Equity eroded
Book equity 396.9k NOK → 272.0k NOK (equity ratio 47.2% → 31.6%). Calculated
-
↓
Cash fell
Bank deposits 10.32m NOK → 135.5k NOK (-98.7% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.32m NOK → 135.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Payroll increased
Salary cost 571.7k NOK → 1.01m NOK (34% → 46% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 0 NOK → 216.3k NOK (None YoY). Calculated