AB ELEKTRISK AS: årsregnskap 2008 vs 2007
Shrank 22% on revenue
approved 2009-06-30; registry 2009-07-07
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AB ELEKTRISK AS. Revenue 7.15m NOK → 5.60m NOK (-21.6%). Net result +327.0k NOK → +311.7k NOK. Equity 531.9k NOK → 543.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB ELEKTRISK AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 531.9k NOK → 543.6k NOK (equity ratio 15.3% → 17.7%). Calculated
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↑
Payroll decreased
Salary cost 2.57m NOK → 1.57m NOK (36% → 28% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.15m NOK to 5.60m NOK (-21.6% YoY). Calculated
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↓
Operating result weakened
Operating result +479.1k NOK → +445.9k NOK (op. margin 6.7% → 8.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.97m NOK → 2.77m NOK (-7.0% YoY). Calculated