A.K.WALLØE EIENDOM AS: årsregnskap 2008 vs 2007
Grew 6% on revenue
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A.K.WALLØE EIENDOM AS. Revenue 4.32m NOK → 4.56m NOK (+5.6%). Net result +633.9k NOK → +513.8k NOK. Equity 540.5k NOK → 2.00m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.K.WALLØE EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.32m NOK to 4.56m NOK (+5.6% YoY). Calculated
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↑
Equity strengthened
Book equity 540.5k NOK → 2.00m NOK (equity ratio 19.3% → 58.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +880.1k NOK → +724.2k NOK (op. margin 20.4% → 15.9%). Calculated
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↓
Net result weakened
Net result +633.9k NOK → +513.8k NOK (net margin 14.7% → 11.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.86m NOK → 2.19m NOK (43% → 48% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 888.0k NOK → 925.7k NOK (+4.2% YoY). Calculated