A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2008 vs 2007
Grew 27% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Revenue 1.92m NOK → 2.44m NOK (+26.7%). Net result +655.9k NOK → +269.7k NOK. Equity 3.61m NOK → 3.88m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.92m NOK to 2.44m NOK (+26.7% YoY). Calculated
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↑
Equity strengthened
Book equity 3.61m NOK → 3.88m NOK (equity ratio 48.1% → 54.4%). Calculated
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↑
Payroll decreased
Salary cost 68.5k NOK → 28.5k NOK (4% → 1% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +655.9k NOK → +269.7k NOK (net margin 34.1% → 11.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 233.9k NOK → 2 NOK. Reported fact