FirmaIQ
Org.nr 947 454 838 2007 → 2008 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2008 vs 2007

A steady year on the published lines

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A/S Hørtefossen. Revenue 6.40m NOK → 6.71m NOK (+4.9%). Net result +739.2k NOK → +700.8k NOK. Equity 3.82m NOK → 4.53m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A/S Hørtefossen.

At a glance

Scorecard

Revenue
6.40m NOK 6.71m NOK
+4.9%
Operating result
n/m +481.92m NOK
—
Net result
+739.2k NOK +700.8k NOK
-5.2%
Equity
3.82m NOK 4.53m NOK
+18.3%
Cash
250.3k NOK 2.94m NOK
+1073.9%
Total assets
6.33m NOK 6.82m NOK
+7.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.40m NOK to 6.71m NOK (+4.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.82m NOK → 4.53m NOK (equity ratio 60.4% → 66.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 250.3k NOK → 2.94m NOK (+1073.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.37m NOK → 2.10m NOK (37% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +739.2k NOK → +700.8k NOK (net margin 11.5% → 10.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.06m NOK → 2.71m NOK (+31.9% YoY). Calculated