FirmaIQ
Org.nr 989 376 977 2007 → 2008 Year-over-year analysis

A. KVAM AS: årsregnskap 2008 vs 2007

Shrank 16% on revenue, stronger earnings

approved 2009-06-30; registry 2009-08-31

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A. KVAM AS. Revenue 13.87m NOK → 11.68m NOK (-15.8%). Net result +773.1k NOK → +941.5k NOK. Equity 1.76m NOK → 2.55m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. KVAM AS.

At a glance

Scorecard

Revenue
13.87m NOK 11.68m NOK
-15.8%
Operating result
+1.16m NOK +1.40m NOK
+20.2%
Net result
+773.1k NOK +941.5k NOK
+21.8%
Equity
1.76m NOK 2.55m NOK
+44.9%
Cash
n/m 723.9k NOK
—
Total assets
5.73m NOK 5.69m NOK
-0.6%

What improved

  • ↑

    Operating result improved

    Operating result +1.16m NOK → +1.40m NOK (op. margin 8.4% → 12.0%). Calculated

  • ↑

    Net result improved

    Net result +773.1k NOK → +941.5k NOK (net margin 5.6% → 8.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.76m NOK → 2.55m NOK (equity ratio 30.8% → 44.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.87m NOK to 11.68m NOK (-15.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.13m NOK → 4.66m NOK (-24.0% YoY). Calculated