FirmaIQ
Org.nr 915 370 624 2007 → 2008 Year-over-year analysis

A/S Rep-Rek: årsregnskap 2008 vs 2007

Returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A/S Rep-Rek. Revenue 17.47m NOK → 16.64m NOK (-4.7%). Net result -1.37m NOK → +381.0k NOK. Equity 6.92m NOK → 1.30m NOK.

On the constructive side: operating result improved; turned profitable; current ratio back above 1×. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
17.47m NOK 16.64m NOK
-4.7%
Operating result
-1.37m NOK +80.1k NOK
+105.9%
Net result
-1.37m NOK +381.0k NOK
+127.9%
Equity
6.92m NOK 1.30m NOK
-81.2%
Total assets
6.54m NOK 5.80m NOK
-11.3%

What improved

  • ↑

    Operating result improved

    Operating result -1.37m NOK → +80.1k NOK (op. margin -7.8% → 0.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.37m NOK to a profit of 381.0k NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.08×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.47m NOK to 16.64m NOK (-4.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.92m NOK → 1.30m NOK (equity ratio 105.8% → 22.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 007 NOK → 7.42m NOK (0% → 45% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.72m NOK → 3.57m NOK (-24.4% YoY). Calculated