A/S LANDÅSVEIEN 5 & 7: årsregnskap 2008 vs 2007
Grew 20% on revenue, stronger earnings
approved 2009-06-05; registry 2009-07-16
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A/S LANDÅSVEIEN 5 & 7. Revenue 284.6k NOK → 340.2k NOK (+19.5%). Net result +38.5k NOK → +66.4k NOK. Equity 462.0k NOK → 528.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 284.6k NOK to 340.2k NOK (+19.5% YoY). Calculated
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↑
Operating result improved
Operating result +94.4k NOK → +129.8k NOK (op. margin 33.2% → 38.2%). Calculated
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↑
Net result improved
Net result +38.5k NOK → +66.4k NOK (net margin 13.5% → 19.5%). Calculated
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↑
Equity strengthened
Book equity 462.0k NOK → 528.4k NOK (equity ratio 57.3% → 328.0%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 92.76× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated