FirmaIQ
Org.nr 990 022 151 2007 → 2008 Year-over-year analysis

AB SERVICE AS: årsregnskap 2008 vs 2007

Grew 14% on revenue, slipped into loss

approved 2009-06-10; registry 2009-08-12

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AB SERVICE AS. Revenue 3.03m NOK → 3.47m NOK (+14.4%). Net result +99.4k NOK → -1 548 NOK. Equity 230.6k NOK → 229.1k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AB SERVICE AS.

At a glance

Scorecard

Revenue
3.03m NOK 3.47m NOK
+14.4%
Net result
+99.4k NOK -1 548 NOK
-101.6%
Equity
230.6k NOK 229.1k NOK
-0.7%
Total assets
20.2k NOK 1.10m NOK
+5310.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.03m NOK to 3.47m NOK (+14.4% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 99.4k NOK profit to a loss of 1 548 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 230.6k NOK → 229.1k NOK (equity ratio 1139.3% → 20.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.62m NOK → 1.90m NOK (53% → 55% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 905.7k NOK → 873.8k NOK (-3.5% YoY). Calculated