AB LIFTUTLEIE AS: årsregnskap 2008 vs 2007
Grew 1014% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AB LIFTUTLEIE AS. Revenue 911.0k NOK → 10.15m NOK (+1013.7%). Net result +794.8k NOK → +611.6k NOK. Equity 2.85m NOK → 3.46m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AB LIFTUTLEIE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 911.0k NOK to 10.15m NOK (+1013.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.85m NOK → 3.46m NOK (equity ratio 45.3% → 40.8%). Calculated
-
↑
Cash rose
Bank deposits 17.29m NOK → 17.49m NOK (+1.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1.16m NOK → +967.6k NOK (op. margin 127.7% → 9.5%). Calculated
-
↓
Net result weakened
Net result +794.8k NOK → +611.6k NOK (net margin 87.2% → 6.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 007 NOK → 2.00m NOK (0% → 20% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 970.5k NOK → 2 347 NOK (-99.8% YoY). Calculated