FirmaIQ
Org.nr 946 468 037 2007 → 2008 Year-over-year analysis

A-K MASKINER AS: årsregnskap 2008 vs 2007

Shrank 6% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A-K MASKINER AS. Revenue 1.08bn NOK → 1.02bn NOK (-5.6%). Net result +552.3k NOK → -41.67m NOK. Equity 150.46m NOK → 2.11bn NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
1.08bn NOK 1.02bn NOK
-5.6%
Operating result
+12.81m NOK -31.33m NOK
-344.5%
Net result
+552.3k NOK -41.67m NOK
-7644.2%
Equity
150.46m NOK 2.11bn NOK
+1301.6%
Cash
2.42m NOK 4.66m NOK
+92.8%
Total assets
602.25m NOK 536.21m NOK
-11.0%

What improved

  • ↑

    Equity strengthened

    Book equity 150.46m NOK → 2.11bn NOK (equity ratio 25.0% → 393.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.42m NOK → 4.66m NOK (+92.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 9.13bn NOK → 8.16bn NOK (846% → 801% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.08bn NOK to 1.02bn NOK (-5.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +12.81m NOK → -31.33m NOK (op. margin 1.2% → -3.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 552.3k NOK profit to a loss of 41.67m NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 848.84m NOK → 800.90m NOK (-5.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 35.98m NOK → 21.19m NOK. Reported fact