A OLSEN & SØNN AS: årsregnskap 2008 vs 2007
Grew 66156% on revenue, cash halved-plus
approved 2009-04-17; registry 2009-04-27
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A OLSEN & SØNN AS. Revenue 1 111 NOK → 736.1k NOK (+66156.0%). Equity 620.9k NOK → 527.0k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A OLSEN & SØNN AS.
At a glance
Scorecard
Revenue
1 111 NOK
736.1k NOK
+66156.0%
Operating result
+399.3k NOK
n/m
—
Net result
+284.3k NOK
n/m
—
Equity
620.9k NOK
527.0k NOK
-15.1%
Cash
444.6k NOK
209.1k NOK
-53.0%
Total assets
749.6k NOK
1.12m NOK
+49.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 111 NOK to 736.1k NOK (+66156.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 620.9k NOK → 527.0k NOK (equity ratio 82.8% → 47.0%). Calculated
-
↓
Cash fell
Bank deposits 444.6k NOK → 209.1k NOK (-53.0% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 190.4k NOK → 292.4k NOK (17135% → 40% of revenue). Calculated