ABELGÅRDEN TANNKLINIKK AS: årsregnskap 2008 vs 2007
Grew 15% on revenue, stronger earnings
approved 2009-05-26; registry 2009-08-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABELGÅRDEN TANNKLINIKK AS. Revenue 2.72m NOK → 3.13m NOK (+15.0%). Net result -138.9k NOK → -20.4k NOK. Equity 205.6k NOK → 185.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABELGÅRDEN TANNKLINIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.72m NOK to 3.13m NOK (+15.0% YoY). Calculated
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↑
Operating result improved
Operating result -163.4k NOK → -6 335 NOK (op. margin -6.0% → -0.2%). Calculated
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↑
Net result improved
Net result -138.9k NOK → -20.4k NOK (net margin -5.1% → -0.7%). Calculated
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↑
Cash rose
Bank deposits 771.4k NOK → 821.0k NOK (+6.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 205.6k NOK → 185.2k NOK (equity ratio 14.8% → 13.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 5.68m NOK (0% → 181% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 395.8k NOK → 408.2k NOK (+3.1% YoY). Calculated