Org.nr 931 114 441 2007 → 2008 Year-over-year analysis

A Mølmen Transport AS: årsregnskap 2008 vs 2007

Grew 32% on revenue, cash halved-plus

approved 2009-04-18; registry 2009-08-22

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A Mølmen Transport AS. Revenue 3.27m NOK → 4.31m NOK (+31.8%). Equity 1.33m NOK → 1.45m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A Mølmen Transport AS.

At a glance

Revenue

3.27m NOK 4.31m NOK

+31.8%

Equity

1.33m NOK 1.45m NOK

+8.7%

Cash

768.0k NOK 129.4k NOK

-83.1%

Total assets

4.23m NOK 4.30m NOK

+1.5%

↑
Revenue rose

Operating income / revenue moved from 3.27m NOK to 4.31m NOK (+31.8% YoY). Calculated
↑
Equity strengthened

Book equity 1.33m NOK → 1.45m NOK (equity ratio 31.5% → 33.7%). Calculated
↑
Payroll decreased

Salary cost 8.63m NOK → 8 NOK (264% → 0% of revenue). Calculated

↓
Cash fell

Bank deposits 768.0k NOK → 129.4k NOK (-83.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.14× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 15.0k NOK → 44.1k NOK. Reported fact