A LEVERSUND & CO AS: årsregnskap 2008 vs 2007
Grew 8% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A LEVERSUND & CO AS. Revenue 12.22m NOK → 13.23m NOK (+8.3%). Net result +750.5k NOK → +310.3k NOK. Equity 1 114 NOK → 905.2k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A LEVERSUND & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.22m NOK to 13.23m NOK (+8.3% YoY). Calculated
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↑
Operating result improved
Operating result +44.7k NOK → +416.8k NOK (op. margin 0.4% → 3.2%). Calculated
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↑
Equity strengthened
Book equity 1 114 NOK → 905.2k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +750.5k NOK → +310.3k NOK (net margin 6.1% → 2.3%). Calculated
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↓
Cash fell
Bank deposits 550.7k NOK → 347.3k NOK (-36.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.33m NOK → 8.89m NOK (19% → 67% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.27m NOK → 10.22m NOK (+23.6% YoY). Calculated