A & B ANDREASSEN MASKIN AS: årsregnskap 2008 vs 2007
Shrank 74% on revenue, returned to profit
approved 2009-06-23; registry 2009-08-27
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A & B ANDREASSEN MASKIN AS. Revenue 6.19m NOK → 1.63m NOK (-73.7%). Net result -316.5k NOK → +550.9k NOK.
On the constructive side: operating result improved; turned profitable; current ratio back above 1×. Pressures included: revenue fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +261.3k NOK → +587.2k NOK (op. margin 4.2% → 36.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 316.5k NOK to a profit of 550.9k NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.70× → 1.15×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.19m NOK to 1.63m NOK (-73.7% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 56.2k NOK → 3.38m NOK (+5907.8% YoY). Calculated