FirmaIQ
Org.nr 987 072 520 2007 → 2008 Year-over-year analysis

A. KELLNERS BLOMSTER AS: årsregnskap 2008 vs 2007

Another loss-making year

approved 2009-05-28; registry 2009-07-04

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A. KELLNERS BLOMSTER AS. Revenue 4.33m NOK → 4.47m NOK (+3.1%). Net result -188.3k NOK → -178.3k NOK. Equity 99.6k NOK → -78.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A. KELLNERS BLOMSTER AS.

At a glance

Scorecard

Revenue
4.33m NOK 4.47m NOK
+3.1%
Operating result
-188.7k NOK -157.9k NOK
+16.3%
Net result
-188.3k NOK -178.3k NOK
+5.3%
Equity
99.6k NOK -78.7k NOK
-179.0%
Cash
81.5k NOK 290.4k NOK
+256.1%
Total assets
1.39m NOK 1.55m NOK
+11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.33m NOK to 4.47m NOK (+3.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -188.7k NOK → -157.9k NOK (op. margin -4.4% → -3.5%). Calculated

  • ↑

    Net result improved

    Net result -188.3k NOK → -178.3k NOK (net margin -4.3% → -4.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 81.5k NOK → 290.4k NOK (+256.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.73× → 1.31×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 99.6k NOK → -78.7k NOK (equity ratio 7.2% → -5.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.83m NOK → 1.64m NOK (-10.4% YoY). Calculated