Org.nr 812 084 062 2007 → 2008 Year-over-year analysis

A O GREVSTAD EIENDOM AS: årsregnskap 2008 vs 2007

Shrank 10% on revenue

approved 2009-06-19; registry 2009-07-22

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A O GREVSTAD EIENDOM AS. Revenue 6.10m NOK → 5.52m NOK (-9.5%). Equity 9.90m NOK → 6.96m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

6.10m NOK 5.52m NOK

-9.5%

Operating result

+358.9k NOK -4.90m NOK

-1464.1%

Equity

9.90m NOK 6.96m NOK

-29.7%

Total assets

32.56m NOK 40.38m NOK

+24.0%

↓
Revenue fell

Operating income / revenue moved from 6.10m NOK to 5.52m NOK (-9.5% YoY). Calculated
↓
Operating result weakened

Operating result +358.9k NOK → -4.90m NOK (op. margin 5.9% → -88.7%). Calculated
↓
Equity eroded

Book equity 9.90m NOK → 6.96m NOK (equity ratio 30.4% → 17.2%). Calculated
↓
Payroll up without matching revenue

Salary cost 599.7k NOK → 877.7k NOK (10% → 16% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 24.0k NOK → 544.8k NOK. Reported fact