A PEDERSEN & SØNN AS: årsregnskap 2008 vs 2007
Shrank 9% on revenue
approved 2009-05-31; registry 2009-08-29
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A PEDERSEN & SØNN AS. Revenue 17.59m NOK → 16.03m NOK (-8.8%). Equity 6.37m NOK → 7.51m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
17.59m NOK
16.03m NOK
-8.8%
Operating result
+3.05m NOK
+1.44m NOK
-52.6%
Equity
6.37m NOK
7.51m NOK
+17.9%
Cash
3.99m NOK
3.81m NOK
-4.4%
Total assets
10.74m NOK
9.60m NOK
-10.6%
What improved
-
↑
Equity strengthened
Book equity 6.37m NOK → 7.51m NOK (equity ratio 59.3% → 78.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 17.59m NOK to 16.03m NOK (-8.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +3.05m NOK → +1.44m NOK (op. margin 17.3% → 9.0%). Calculated
-
↓
Cash fell
Bank deposits 3.99m NOK → 3.81m NOK (-4.4% YoY). Calculated