Org.nr 930 481 599 2007 → 2008 Year-over-year analysis

ADDBRAND NORWAY AS: årsregnskap 2008 vs 2007

Stronger earnings

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADDBRAND NORWAY AS. Revenue 137.18m NOK → 135.35m NOK (-1.3%). Net result +1.04m NOK → +1.96m NOK.

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

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

At a glance

Revenue

137.18m NOK 135.35m NOK

-1.3%

Operating result

+291.3k NOK +466.1k NOK

+60.0%

Net result

+1.04m NOK +1.96m NOK

+87.6%

Equity

n/m 30.25m NOK

—

Cash

3.64m NOK 7.01m NOK

+92.6%

Total assets

71.29m NOK 71.98m NOK

+1.0%

↑
Operating result improved

Operating result +291.3k NOK → +466.1k NOK (op. margin 0.2% → 0.3%). Calculated
↑
Net result improved

Net result +1.04m NOK → +1.96m NOK (net margin 0.8% → 1.4%). Calculated
↑
Cash rose

Bank deposits 3.64m NOK → 7.01m NOK (+92.6% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 137.18m NOK to 135.35m NOK (-1.3% YoY). Calculated

·
COGS fell

COGS / varekostnad 79.90m NOK → 78.69m NOK (-1.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 18.72m NOK → 18.01m NOK. Reported fact