Org.nr 976 542 363 2007 → 2008 Year-over-year analysis

A J STANGELAND EIENDOM AS: årsregnskap 2008 vs 2007

Grew 7% on revenue, cash halved-plus

approved 2009-06-30; registry 2009-09-10

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for A J STANGELAND EIENDOM AS. Revenue 1.31m NOK → 1.39m NOK (+6.6%). Net result +595.1k NOK → +590.8k NOK. Equity 3.17m NOK → 3.26m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A J STANGELAND EIENDOM AS.

Scorecard

Revenue
1.31m NOK 1.39m NOK
+6.6%
Operating result
+967.7k NOK +24.5k NOK
-97.5%
Net result
+595.1k NOK +590.8k NOK
-0.7%
Equity
3.17m NOK 3.26m NOK
+2.9%
Cash
4.77m NOK 1.01m NOK
-78.8%
Total assets
12.03m NOK 11.01m NOK
-8.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.31m NOK to 1.39m NOK (+6.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.17m NOK → 3.26m NOK (equity ratio 26.4% → 29.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +967.7k NOK → +24.5k NOK (op. margin 74.0% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.77m NOK → 1.01m NOK (-78.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.77m NOK → 1.01m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation