ADAMSRØD FERDIGPLEN AS: årsregnskap 2008 vs 2007
Shrank 8% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADAMSRØD FERDIGPLEN AS. Revenue 5.59m NOK → 5.15m NOK (-7.9%). Net result +401.3k NOK → +304.8k NOK. Equity 211.1k NOK → 315.9k NOK.
On the constructive side: equity strengthened. 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 ADAMSRØD FERDIGPLEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 211.1k NOK → 315.9k NOK (equity ratio 21.4% → 37.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.59m NOK to 5.15m NOK (-7.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +546.7k NOK → +323.0k NOK (op. margin 9.8% → 6.3%). Calculated
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↓
Net result weakened
Net result +401.3k NOK → +304.8k NOK (net margin 7.2% → 5.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 007 NOK → 4.90m NOK (0% → 95% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 739.7k NOK → 461.0k NOK (-37.7% YoY). Calculated