A/S Stortorvet 5: årsregnskap 2008 vs 2007
Stronger earnings
approved 2009-03-09; registry 2009-08-22
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A/S Stortorvet 5. Revenue 1.93m NOK → 1.89m NOK (-2.2%). Net result +698.7k NOK → +951.0k NOK. Equity 2.67m NOK → 2.63m NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.93m NOK
1.89m NOK
-2.2%
Operating result
n/m
+1.29m NOK
—
Net result
+698.7k NOK
+951.0k NOK
+36.1%
Equity
2.67m NOK
2.63m NOK
-1.8%
Cash
2.11m NOK
2.13m NOK
+1.0%
Total assets
4.25m NOK
4.16m NOK
-2.1%
What improved
-
↑
Net result improved
Net result +698.7k NOK → +951.0k NOK (net margin 36.2% → 50.4%). Calculated
-
↑
Cash rose
Bank deposits 2.11m NOK → 2.13m NOK (+1.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.93m NOK to 1.89m NOK (-2.2% YoY). Calculated
-
↓
Equity eroded
Book equity 2.67m NOK → 2.63m NOK (equity ratio 62.9% → 63.1%). Calculated