Org.nr 910 774 115 2007 → 2008 Year-over-year analysis

A BRANDTH AS: årsregnskap 2008 vs 2007

Shrank 37% on revenue

approved 2009-06-30; registry 2009-09-09

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A BRANDTH AS. Revenue 32.20m NOK → 20.45m NOK (-36.5%). Equity 12.03m NOK → 11.38m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

32.20m NOK 20.45m NOK

-36.5%

Operating result

+5.08m NOK +1.04m NOK

-79.5%

Equity

12.03m NOK 11.38m NOK

-5.5%

Cash

12.48m NOK 9.53m NOK

-23.7%

Total assets

21.83m NOK 19.84m NOK

-9.1%

↑
Payroll decreased

Salary cost 3.80m NOK → 3.21m NOK (12% → 16% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 32.20m NOK to 20.45m NOK (-36.5% YoY). Calculated
↓
Operating result weakened

Operating result +5.08m NOK → +1.04m NOK (op. margin 15.8% → 5.1%). Calculated
↓
Equity eroded

Book equity 12.03m NOK → 11.38m NOK (equity ratio 55.1% → 57.3%). Calculated
↓
Cash fell

Bank deposits 12.48m NOK → 9.53m NOK (-23.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 20.57m NOK → 13.49m NOK (-34.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.32m NOK → 1.40m NOK. Reported fact