FirmaIQ
Org.nr 976 328 159 2007 → 2008 Year-over-year analysis

AB DENTALSERVICE AS: årsregnskap 2008 vs 2007

Shrank 17% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AB DENTALSERVICE AS. Revenue 3.54m NOK → 2.94m NOK (-17.1%). Net result +614.6k NOK → +238.5k NOK. Equity 926.9k NOK → 165.4k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB DENTALSERVICE AS.

At a glance

Scorecard

Revenue
3.54m NOK 2.94m NOK
-17.1%
Operating result
+894.2k NOK +316.1k NOK
-64.6%
Net result
+614.6k NOK +238.5k NOK
-61.2%
Equity
926.9k NOK 165.4k NOK
-82.2%
Total assets
2.11m NOK 1.68m NOK
-20.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.54m NOK to 2.94m NOK (-17.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +894.2k NOK → +316.1k NOK (op. margin 25.2% → 10.8%). Calculated

  • ↓

    Net result weakened

    Net result +614.6k NOK → +238.5k NOK (net margin 17.3% → 8.1%). Calculated

  • ↓

    Equity eroded

    Book equity 926.9k NOK → 165.4k NOK (equity ratio 44.0% → 9.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.00m NOK → 1.03m NOK (28% → 35% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation