A. WESTRE AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A. WESTRE AS. Revenue 38.84m NOK → 39.59m NOK (+1.9%). Equity 2.47m NOK → 3.61m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. WESTRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 38.84m NOK to 39.59m NOK (+1.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.47m NOK → 3.61m NOK (equity ratio 14.4% → 19.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio -54.05× → 1.09×. Calculated
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↑
Payroll decreased
Salary cost 14.08m NOK → 13.82m NOK (36% → 35% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +791.5k NOK → +2 371 NOK (op. margin 2.0% → 0.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4.39m NOK → 387.6k NOK. Reported fact