FirmaIQ
Org.nr 984 009 844 2007 → 2008 Year-over-year analysis

ACCESS LÅSSPESIALISTEN AS: årsregnskap 2008 vs 2007

Grew 10% on revenue, stronger earnings

approved 2009-05-14; registry 2009-06-23

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACCESS LÅSSPESIALISTEN AS. Revenue 6.92m NOK → 7.61m NOK (+9.9%). Net result +61.8k NOK → +344.6k NOK. Equity 321.3k NOK → 666.0k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCESS LÅSSPESIALISTEN AS.

At a glance

Scorecard

Revenue
6.92m NOK 7.61m NOK
+9.9%
Net result
+61.8k NOK +344.6k NOK
+457.6%
Equity
321.3k NOK 666.0k NOK
+107.3%
Cash
536.2k NOK 412.2k NOK
-23.1%
Total assets
2.58m NOK 2.49m NOK
-3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.92m NOK to 7.61m NOK (+9.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +61.8k NOK → +344.6k NOK (net margin 0.9% → 4.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 321.3k NOK → 666.0k NOK (equity ratio 12.4% → 26.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 536.2k NOK → 412.2k NOK (-23.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.55m NOK → 2.31m NOK (-9.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3 399 NOK → 1 000 NOK. Reported fact