A C SMITH EIENDOM AS: årsregnskap 2008 vs 2007
Weaker earnings
approved 2009-06-09; registry 2009-08-27
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A C SMITH EIENDOM AS. Revenue 1.12m NOK → 1.16m NOK (+3.8%). Net result +459.9k NOK → +365.6k NOK. Equity 1.87m NOK → 2.24m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.12m NOK to 1.16m NOK (+3.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.87m NOK → 2.24m NOK (equity ratio 23.8% → 28.5%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.02× → 1.20×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +968.7k NOK → +5 020 NOK (op. margin 86.4% → 0.4%). Calculated
-
↓
Net result weakened
Net result +459.9k NOK → +365.6k NOK (net margin 41.0% → 31.4%). Calculated