FirmaIQ
Org.nr 943 823 871 2007 → 2008 Year-over-year analysis

ACUSTO AS: årsregnskap 2008 vs 2007

Shrank 25% on revenue, weaker earnings

approved 2009-06-26; registry 2009-09-08

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACUSTO AS. Revenue 20.70m NOK → 15.42m NOK (-25.5%). Net result +3.43m NOK → +665.9k NOK. Equity 4.96m NOK → 5.63m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACUSTO AS.

At a glance

Scorecard

Revenue
20.70m NOK 15.42m NOK
-25.5%
Operating result
+5.23m NOK +930.4k NOK
-82.2%
Net result
+3.43m NOK +665.9k NOK
-80.6%
Equity
4.96m NOK 5.63m NOK
+13.4%
Cash
1 199 NOK 377.1k NOK
+31349.2%
Total assets
13.76m NOK 15.55m NOK
+13.0%

What improved

  • ↑

    Equity strengthened

    Book equity 4.96m NOK → 5.63m NOK (equity ratio 36.1% → 36.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 199 NOK → 377.1k NOK (+31349.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2.03×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.70m NOK to 15.42m NOK (-25.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.23m NOK → +930.4k NOK (op. margin 25.3% → 6.0%). Calculated

  • ↓

    Net result weakened

    Net result +3.43m NOK → +665.9k NOK (net margin 16.5% → 4.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.64m NOK → 5.33m NOK (22% → 35% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.45m NOK → 6.14m NOK (-27.3% YoY). Calculated