ADVANCED MACHINE COMPANY AS: årsregnskap 2008 vs 2007
Grew 45% on revenue, returned to profit
approved 2009-04-08; registry 2009-04-20
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVANCED MACHINE COMPANY AS. Revenue 6.91m NOK → 9.98m NOK (+44.5%). Net result -1.65m NOK → +2.03m NOK. Equity -1.35m NOK → 684.0k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED MACHINE COMPANY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.91m NOK to 9.98m NOK (+44.5% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.65m NOK to a profit of 2.03m NOK. Calculated
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↑
Equity strengthened
Book equity -1.35m NOK → 684.0k NOK. Calculated
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↑
Cash rose
Bank deposits 76.6k NOK → 1.34m NOK (+1654.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.16m NOK → 2.79m NOK (31% → 28% of revenue). Calculated
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COGS moved
COGS / varekostnad 5.10m NOK → 5.57m NOK (+9.4% YoY). Calculated