FirmaIQ
Org.nr 980 378 756 2007 → 2008 Year-over-year analysis

A HELLAND TRANSPORT AS: årsregnskap 2008 vs 2007

Shrank 13% on revenue

approved 2009-09-10; registry 2009-09-24

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A HELLAND TRANSPORT AS. Revenue 6.14m NOK → 5.35m NOK (-12.8%). Equity -320.2k NOK → -719.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.

At a glance

Scorecard

Revenue
6.14m NOK 5.35m NOK
-12.8%
Equity
-320.2k NOK -719.2k NOK
-124.6%
Cash
152.9k NOK 85.7k NOK
-44.0%
Total assets
6.67m NOK 5.72m NOK
-14.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.57m NOK → 1.06m NOK (26% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.14m NOK to 5.35m NOK (-12.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -320.2k NOK → -719.2k NOK (equity ratio -4.8% → -12.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 152.9k NOK → 85.7k NOK (-44.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 34.3k NOK → 140.8k NOK (+311.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 28.0k NOK → 66.4k NOK. Reported fact