A. MARTINSEN INVEST AS: årsregnskap 2008 vs 2007
Grew 173% on revenue, weaker earnings
approved 2009-06-30; registry 2009-08-11
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A. MARTINSEN INVEST AS. Revenue 279.3k NOK → 762.5k NOK (+173.0%). Net result +300.0k NOK → 0 NOK. Equity 2.98m NOK → 3.64m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A. MARTINSEN INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 279.3k NOK to 762.5k NOK (+173.0% YoY). Calculated
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↑
Equity strengthened
Book equity 2.98m NOK → 3.64m NOK (equity ratio 46.3% → 40.3%). Calculated
What deteriorated
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↓
Net result weakened
Net result +300.0k NOK → 0 NOK (net margin 107.4% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 4 233 NOK → 227.1k NOK (2% → 30% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 2 024 NOK → 8.96m NOK. Reported fact