A/S Hovinveien 7 og 9: årsregnskap 2008 vs 2007
Grew 4865% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A/S Hovinveien 7 og 9. Revenue 21.2k NOK → 1.05m NOK (+4865.3%). Net result +219.8k NOK → +91.9k NOK. Equity 1.20m NOK → 1.29m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
21.2k NOK
1.05m NOK
+4865.3%
Operating result
+275.9k NOK
+137.9k NOK
-50.0%
Net result
+219.8k NOK
+91.9k NOK
-58.2%
Equity
1.20m NOK
1.29m NOK
+7.7%
Total assets
2.87m NOK
2.78m NOK
-3.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 21.2k NOK to 1.05m NOK (+4865.3% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.20m NOK → 1.29m NOK (equity ratio 41.8% → 46.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +275.9k NOK → +137.9k NOK (op. margin 1303.5% → 13.1%). Calculated
-
↓
Net result weakened
Net result +219.8k NOK → +91.9k NOK (net margin 1038.5% → 8.7%). Calculated