Org.nr 911 374 919 2007 → 2008 Year-over-year analysis

A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2008 vs 2007

Grew 27% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
1.92m NOK 2.44m NOK
+26.7%
Operating result
n/m +1.23m NOK
—
Net result
+655.9k NOK +269.7k NOK
-58.9%
Equity
3.61m NOK 3.88m NOK
+7.5%
Cash
n/m 1.21m NOK
—
Total assets
7.51m NOK 7.13m NOK
-5.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.92m NOK to 2.44m NOK (+26.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.61m NOK → 3.88m NOK (equity ratio 48.1% → 54.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 68.5k NOK → 28.5k NOK (4% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +655.9k NOK → +269.7k NOK (net margin 34.1% → 11.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 233.9k NOK → 2 NOK. Reported fact