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Org.nr 948 234 130 2007 → 2008 Year-over-year analysis

A.L. HØYER AS: årsregnskap 2008 vs 2007

Shrank 8% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A.L. HØYER AS. Revenue 29.09m NOK → 26.69m NOK (-8.2%). Net result +1.80m NOK → +1.60m NOK. Equity 1.52m NOK → 1.59m NOK.

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

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

At a glance

Scorecard

Revenue
29.09m NOK 26.69m NOK
-8.2%
Operating result
+2.45m NOK +2.26m NOK
-8.0%
Net result
+1.80m NOK +1.60m NOK
-11.2%
Equity
1.52m NOK 1.59m NOK
+4.7%
Cash
3.99m NOK 4.76m NOK
+19.2%
Total assets
8.82m NOK 9.04m NOK
+2.5%

What improved

  • ↑

    Equity strengthened

    Book equity 1.52m NOK → 1.59m NOK (equity ratio 17.2% → 17.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.99m NOK → 4.76m NOK (+19.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.81m NOK → 2 NOK (37% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.09m NOK to 26.69m NOK (-8.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.45m NOK → +2.26m NOK (op. margin 8.4% → 8.4%). Calculated

  • ↓

    Net result weakened

    Net result +1.80m NOK → +1.60m NOK (net margin 6.2% → 6.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.40m NOK → 11.13m NOK (-16.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5 500 NOK → 4 500 NOK. Reported fact