Org.nr 844 308 302 2007 → 2008 Year-over-year analysis

ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2008 vs 2007

Grew 13% on revenue

approved 2009-07-04; registry 2009-07-18

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 452.2k NOK → 510.6k NOK (+12.9%). Equity 187.4k NOK → 243.6k NOK.

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

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

Scorecard

Revenue
452.2k NOK 510.6k NOK
+12.9%
Equity
187.4k NOK 243.6k NOK
+30.0%
Total assets
714.0k NOK 482.1k NOK
-32.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 452.2k NOK to 510.6k NOK (+12.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 187.4k NOK → 243.6k NOK (equity ratio 26.2% → 50.5%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.50× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 18.5k NOK → 45.6k NOK (+146.9% YoY). Calculated