FirmaIQ
Org.nr 946 995 517 2007 → 2008 Year-over-year analysis

A/S Even Cudrio: årsregnskap 2008 vs 2007

Shrank 8% on revenue, weaker earnings

approved 2009-08-27; registry 2009-09-05

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A/S Even Cudrio. Revenue 21.03m NOK → 19.41m NOK (-7.7%). Net result +202.5k NOK → +1 137 NOK. Equity 546.6k NOK → 2.68m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Even Cudrio.

At a glance

Scorecard

Revenue
21.03m NOK 19.41m NOK
-7.7%
Operating result
n/m +1.62m NOK
—
Net result
+202.5k NOK +1 137 NOK
-99.4%
Equity
546.6k NOK 2.68m NOK
+391.0%
Total assets
7.46m NOK 8.81m NOK
+18.1%

What improved

  • ↑

    Equity strengthened

    Book equity 546.6k NOK → 2.68m NOK (equity ratio 7.3% → 30.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.03m NOK to 19.41m NOK (-7.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +202.5k NOK → +1 137 NOK (net margin 1.0% → 0.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.49m NOK → 6.83m NOK (31% → 35% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.23m NOK → 8.02m NOK (-21.6% YoY). Calculated