A. M. VIK AS: årsregnskap 2008 vs 2007
Grew 11% on revenue, stronger earnings
approved 2009-05-12; registry 2009-08-22
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A. M. VIK AS. Revenue 10.47m NOK → 11.65m NOK (+11.3%). Net result +700.2k NOK → +861.8k NOK. Equity 3.28m NOK → 4.15m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A. M. VIK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 10.47m NOK to 11.65m NOK (+11.3% YoY). Calculated
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Operating result improved
Operating result +1 128 NOK → +1.81m NOK (op. margin 0.0% → 15.5%). Calculated
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↑
Net result improved
Net result +700.2k NOK → +861.8k NOK (net margin 6.7% → 7.4%). Calculated
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Equity strengthened
Book equity 3.28m NOK → 4.15m NOK (equity ratio 47.2% → 49.6%). Calculated
Things to notice
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Payroll increased
Salary cost 2.39m NOK → 3.26m NOK (23% → 28% of revenue). Calculated
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COGS fell
COGS / varekostnad 5.47m NOK → 5.26m NOK (-3.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 347.6k NOK → 292.4k NOK. Reported fact