AD DEKOR AS: årsregnskap 2008 vs 2007
Grew 50% on revenue, weaker earnings
approved 2009-04-17; registry 2009-08-01
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AD DEKOR AS. Revenue 15.60m NOK → 23.34m NOK (+49.6%). Net result +218.0k NOK → +124.0k NOK. Equity 327.1k NOK → 801.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AD DEKOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.60m NOK to 23.34m NOK (+49.6% YoY). Calculated
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↑
Equity strengthened
Book equity 327.1k NOK → 801.1k NOK (equity ratio 6.4% → 15.1%). Calculated
What deteriorated
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↓
Net result weakened
Net result +218.0k NOK → +124.0k NOK (net margin 1.4% → 0.5%). Calculated
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↓
Cash fell
Bank deposits 222.8k NOK → 209.8k NOK (-5.8% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 105.0k NOK → 98.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 3.87m NOK → 4.23m NOK (25% → 18% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 9.76m NOK → 15.80m NOK (+62.0% YoY). Calculated