FirmaIQ
Org.nr 974 493 411 2007 → 2008 Year-over-year analysis

A B MATTESERVICE AS: årsregnskap 2008 vs 2007

Grew 47% on revenue

approved 2009-02-17; registry 2009-04-18

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A B MATTESERVICE AS. Revenue 6.87m NOK → 10.09m NOK (+46.8%). Equity 71.0k NOK → 485.8k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A B MATTESERVICE AS.

At a glance

Scorecard

Revenue
6.87m NOK 10.09m NOK
+46.8%
Equity
71.0k NOK 485.8k NOK
+584.0%
Total assets
2.87m NOK 5.00m NOK
+74.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.87m NOK to 10.09m NOK (+46.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 71.0k NOK → 485.8k NOK (equity ratio 2.5% → 9.7%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.17× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.93m NOK → 6.85m NOK (72% → 68% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 729.9k NOK → 134.8k NOK (-81.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1 800 NOK. Reported fact