FirmaIQ
Org.nr 985 253 846 2007 → 2008 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2008 vs 2007

Shrank 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AD NAVIGATION AS. Revenue 9.96m NOK → 8.63m NOK (-13.4%). Net result +332.6k NOK → +666.8k NOK. Equity 2.10m NOK → 2.77m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
9.96m NOK 8.63m NOK
-13.4%
Net result
+332.6k NOK +666.8k NOK
+100.5%
Equity
2.10m NOK 2.77m NOK
+31.7%
Total assets
4.29m NOK 5.42m NOK
+26.4%

What improved

  • ↑

    Net result improved

    Net result +332.6k NOK → +666.8k NOK (net margin 3.3% → 7.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.10m NOK → 2.77m NOK (equity ratio 49.0% → 51.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.96m NOK to 8.63m NOK (-13.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 696.1k NOK → 844.6k NOK (7% → 10% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.41m NOK → 5.90m NOK (-20.4% YoY). Calculated