Org.nr 954 053 024 2007 → 2008 Year-over-year analysis

ABC TRAFIKKSKOLE AS: årsregnskap 2008 vs 2007

Grew 19% on revenue

approved 2008-04-21; registry 2009-07-28

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABC TRAFIKKSKOLE AS. Revenue 3.05m NOK → 3.61m NOK (+18.5%). Equity 274.1k NOK → 317.7k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC TRAFIKKSKOLE AS.

At a glance

Revenue

3.05m NOK 3.61m NOK

+18.5%

Operating result

+625.7k NOK n/m

—

Net result

+440.3k NOK n/m

—

Equity

274.1k NOK 317.7k NOK

+15.9%

Cash

389.6k NOK 872.4k NOK

+123.9%

Total assets

2.50m NOK 2.96m NOK

+18.6%

↑
Revenue rose

Operating income / revenue moved from 3.05m NOK to 3.61m NOK (+18.5% YoY). Calculated
↑
Equity strengthened

Book equity 274.1k NOK → 317.7k NOK (equity ratio 11.0% → 10.7%). Calculated
↑
Cash rose

Bank deposits 389.6k NOK → 872.4k NOK (+123.9% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 554.29× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 1.42m NOK → 1.77m NOK (47% → 49% of revenue). Calculated
·
COGS moved

COGS / varekostnad 103.3k NOK → 117.2k NOK (+13.4% YoY). Calculated