A. THORESEN SERVICEVERKSTED AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-06-30; registry 2009-09-02
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A. THORESEN SERVICEVERKSTED AS. Revenue 13.13m NOK → 13.36m NOK (+1.7%). Equity 826.9k NOK → 487.3k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. THORESEN SERVICEVERKSTED AS.
At a glance
Scorecard
Revenue
13.13m NOK
13.36m NOK
+1.7%
Operating result
n/m
+834.2k NOK
—
Equity
826.9k NOK
487.3k NOK
-41.1%
Total assets
3.62m NOK
2.87m NOK
-20.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 13.13m NOK to 13.36m NOK (+1.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 541.5k NOK → 535.6k NOK (4% → 4% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 826.9k NOK → 487.3k NOK (equity ratio 22.9% → 17.0%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 11.39m NOK → 11.11m NOK (-2.5% YoY). Calculated