ABK VILLMARKSHYTTA AS: årsregnskap 2008 vs 2007
Grew 402% on revenue, stronger earnings
approved 2009-06-15; registry 2009-08-10
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABK VILLMARKSHYTTA AS. Revenue 158.4k NOK → 794.8k NOK (+401.9%). Net result +118.5k NOK → +401.5k NOK. Equity 312.5k NOK → 714.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABK VILLMARKSHYTTA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 158.4k NOK to 794.8k NOK (+401.9% YoY). Calculated
-
↑
Operating result improved
Operating result +124.0k NOK → +506.7k NOK (op. margin 78.3% → 63.8%). Calculated
-
↑
Net result improved
Net result +118.5k NOK → +401.5k NOK (net margin 74.8% → 50.5%). Calculated
-
↑
Equity strengthened
Book equity 312.5k NOK → 714.0k NOK (equity ratio 85.8% → 71.7%). Calculated
-
↑
Cash rose
Bank deposits 166.1k NOK → 964.6k NOK (+480.8% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 3.66× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost -14.0k NOK → 75.4k NOK (-9% → 9% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 175.0k NOK → 4 500 NOK. Reported fact