Org.nr 912 808 297 2007 → 2008 Year-over-year analysis

ADOLF HORNELAND AS: årsregnskap 2008 vs 2007

Stronger earnings

approved 2009-01-27; registry 2009-03-17

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADOLF HORNELAND AS. Revenue 583.0k NOK → 607.3k NOK (+4.2%). Net result +141.9k NOK → +526.6k NOK. Equity 3.30m NOK → 3.82m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

Scorecard

Revenue
583.0k NOK 607.3k NOK
+4.2%
Operating result
+293.1k NOK +406.1k NOK
+38.6%
Net result
+141.9k NOK +526.6k NOK
+271.1%
Equity
3.30m NOK 3.82m NOK
+16.0%
Cash
113.3k NOK 121.8k NOK
+7.5%
Total assets
6.23m NOK 6.15m NOK
-1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 583.0k NOK to 607.3k NOK (+4.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +293.1k NOK → +406.1k NOK (op. margin 50.3% → 66.9%). Calculated

  • ↑

    Net result improved

    Net result +141.9k NOK → +526.6k NOK (net margin 24.3% → 86.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.30m NOK → 3.82m NOK (equity ratio 53.0% → 62.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 113.3k NOK → 121.8k NOK (+7.5% YoY). Calculated