Org.nr 916 050 356 2007 → 2008 Year-over-year analysis

A C SMITH EIENDOM AS: årsregnskap 2008 vs 2007

Weaker earnings

approved 2009-06-09; registry 2009-08-27

Full company analysis · All year comparisons

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.

Scorecard

Revenue
1.12m NOK 1.16m NOK
+3.8%
Operating result
+968.7k NOK +5 020 NOK
-99.5%
Net result
+459.9k NOK +365.6k NOK
-20.5%
Equity
1.87m NOK 2.24m NOK
+19.6%
Total assets
7.86m NOK 7.84m NOK
-0.1%

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