A-SIGN AS: årsregnskap 2008 vs 2007
Shrank 12% on revenue
approved 2009-03-31; registry 2009-09-09
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A-SIGN AS. Revenue 4.14m NOK → 3.64m NOK (-12.1%). Equity 577.4k NOK → 683.9k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-SIGN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 577.4k NOK → 683.9k NOK (equity ratio 21.6% → 35.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.27× → 1.80×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.14m NOK to 3.64m NOK (-12.1% YoY). Calculated
-
↓
Cash fell
Bank deposits 1.00m NOK → 857.3k NOK (-14.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 973.4k NOK → 1.48m NOK (24% → 41% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 873.0k NOK → 614.3k NOK (-29.6% YoY). Calculated