A. LANGKAAS & SØNN AS: årsregnskap 2008 vs 2007
Grew 11% on revenue
approved 2009-06-30; registry 2009-07-07
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A. LANGKAAS & SØNN AS. Revenue 3.83m NOK → 4.26m NOK (+11.2%). Net result +756.2k NOK → +886.9k NOK. Equity 2.32m NOK → 3.21m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. LANGKAAS & SØNN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.83m NOK to 4.26m NOK (+11.2% YoY). Calculated
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↑
Net result improved
Net result +756.2k NOK → +886.9k NOK (net margin 19.8% → 20.8%). Calculated
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↑
Equity strengthened
Book equity 2.32m NOK → 3.21m NOK (equity ratio 42.8% → 48.2%). Calculated
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Payroll decreased
Salary cost 2.90m NOK → 1.02m NOK (76% → 24% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 69.0k NOK → 47.6k NOK (-31.0% YoY). Calculated