ABE STAR PARKETT AS: årsregnskap 2008 vs 2007
Weaker earnings
approved 2009-08-27; registry 2009-09-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABE STAR PARKETT AS. Revenue 4.16m NOK → 4.30m NOK (+3.5%). Net result +640.8k NOK → +425.0k NOK. Equity 728.5k NOK → 728.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABE STAR PARKETT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.16m NOK to 4.30m NOK (+3.5% YoY). Calculated
-
↑
Cash rose
Bank deposits 549.4k NOK → 605.3k NOK (+10.2% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +640.8k NOK → +425.0k NOK (net margin 15.4% → 9.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.17m NOK → 2.56m NOK (52% → 59% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 432.1k NOK → 406.3k NOK (-6.0% YoY). Calculated