929 PRODUKSJON AS: årsregnskap 2008 vs 2007
Grew 15% on revenue, stronger earnings, cash halved-plus
approved 2009-06-30; registry 2009-08-24
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 929 PRODUKSJON AS. Revenue 2.12m NOK → 2.44m NOK (+15.3%). Net result +404.5k NOK → +695.4k NOK. Equity 765.7k NOK → 261.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 929 PRODUKSJON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.12m NOK to 2.44m NOK (+15.3% YoY). Calculated
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↑
Operating result improved
Operating result +541.3k NOK → +900.1k NOK (op. margin 25.5% → 36.8%). Calculated
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↑
Net result improved
Net result +404.5k NOK → +695.4k NOK (net margin 19.1% → 28.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 765.7k NOK → 261.1k NOK (equity ratio 52.9% → 11.8%). Calculated
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↓
Cash fell
Bank deposits 814.8k NOK → 106.0k NOK (-87.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 824.6k NOK → 908.9k NOK (39% → 37% of revenue). Calculated