FirmaIQ
Org.nr 982 165 105 2007 → 2008 Year-over-year analysis

A-LAB AS: årsregnskap 2008 vs 2007

Grew 31% on revenue, weaker earnings

approved 2009-05-28; registry 2009-09-12

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A-LAB AS. Revenue 17.57m NOK → 22.94m NOK (+30.5%). Net result +962.3k NOK → +580.4k NOK. Equity 665.2k NOK → 1 665 NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A-LAB AS.

At a glance

Scorecard

Revenue
17.57m NOK 22.94m NOK
+30.5%
Operating result
+1.30m NOK +3.49m NOK
+169.2%
Net result
+962.3k NOK +580.4k NOK
-39.7%
Equity
665.2k NOK 1 665 NOK
-99.7%
Cash
2.52m NOK 2.90m NOK
+15.2%
Total assets
6.64m NOK 8.84m NOK
+33.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.57m NOK to 22.94m NOK (+30.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.30m NOK → +3.49m NOK (op. margin 7.4% → 15.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.52m NOK → 2.90m NOK (+15.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +962.3k NOK → +580.4k NOK (net margin 5.5% → 2.5%). Calculated

  • ↓

    Equity eroded

    Book equity 665.2k NOK → 1 665 NOK (equity ratio 10.0% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 2.72m NOK → 2.87m NOK (+5.6% YoY). Calculated