ABC ELEKTRO TEAM AS: årsregnskap 2008 vs 2007
Grew 26% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABC ELEKTRO TEAM AS. Revenue 12.99m NOK → 16.32m NOK (+25.6%). Net result +776.0k NOK → +109.3k NOK. Equity 1.29m NOK → 1.40m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC ELEKTRO TEAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.99m NOK to 16.32m NOK (+25.6% YoY). Calculated
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Operating result improved
Operating result +141.7k NOK → +342.0k NOK (op. margin 1.1% → 2.1%). Calculated
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↑
Equity strengthened
Book equity 1.29m NOK → 1.40m NOK (equity ratio 24.6% → 20.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +776.0k NOK → +109.3k NOK (net margin 6.0% → 0.7%). Calculated
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↓
Cash fell
Bank deposits 268.1k NOK → 172.7k NOK (-35.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.33m NOK → 6 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 16.0k NOK → 30.0k NOK. Reported fact