FirmaIQ
Org.nr 938 364 052 2007 → 2008 Year-over-year analysis

AEBI SCHMIDT NORGE AS: årsregnskap 2008 vs 2007

Shrank 10% on revenue, stronger earnings

approved 2008-06-26; registry 2009-09-23

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AEBI SCHMIDT NORGE AS. Revenue 54.65m NOK → 49.07m NOK (-10.2%). Net result +7 941 NOK → +35.1k NOK. Equity 43.62m NOK → 21.99m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEBI SCHMIDT NORGE AS.

At a glance

Scorecard

Revenue
54.65m NOK 49.07m NOK
-10.2%
Operating result
+6.35m NOK +8.10m NOK
+27.6%
Net result
+7 941 NOK +35.1k NOK
+342.3%
Equity
43.62m NOK 21.99m NOK
-49.6%
Cash
2.26m NOK 1.27m NOK
-43.9%
Total assets
49.98m NOK 66.34m NOK
+32.7%

What improved

  • ↑

    Operating result improved

    Operating result +6.35m NOK → +8.10m NOK (op. margin 11.6% → 16.5%). Calculated

  • ↑

    Net result improved

    Net result +7 941 NOK → +35.1k NOK (net margin 0.0% → 0.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 54.65m NOK to 49.07m NOK (-10.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 43.62m NOK → 21.99m NOK (equity ratio 87.3% → 33.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.26m NOK → 1.27m NOK (-43.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.11× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 12.70m NOK → 31.88m NOK (+151.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 136.6k NOK → 50.0k NOK. Reported fact