Org.nr 947 038 400 2007 → 2008 Year-over-year analysis

A/S SørMek: årsregnskap 2008 vs 2007

Weaker earnings

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A/S SørMek. Net result +947.6k NOK → +192.4k NOK. Equity 776.8k NOK → 969.2k NOK.

On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

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

At a glance

Revenue

25.90m NOK n/m

—

Operating result

+1.89m NOK +1.05m NOK

-44.5%

Net result

+947.6k NOK +192.4k NOK

-79.7%

Equity

776.8k NOK 969.2k NOK

+24.8%

Cash

253.6k NOK 221.8k NOK

-12.6%

Total assets

15.08m NOK 14.06m NOK

-6.8%

↑
Equity strengthened

Book equity 776.8k NOK → 969.2k NOK (equity ratio 5.2% → 6.9%). Calculated

↓
Operating result weakened

Operating result +1.89m NOK → +1.05m NOK. Calculated
↓
Net result weakened

Net result +947.6k NOK → +192.4k NOK. Calculated
↓
Cash fell

Bank deposits 253.6k NOK → 221.8k NOK (-12.6% YoY). Calculated