Org.nr 924 818 816 2007 → 2008 Year-over-year analysis

AF CONSULT MANAGEMENT AS: årsregnskap 2008 vs 2007

Shrank 100% on revenue, stronger earnings

approved 2009-06-06; registry 2009-08-12

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AF CONSULT MANAGEMENT AS. Revenue 684.6k NOK → 684 NOK (-99.9%). Net result +376.4k NOK → +1.25m NOK. Equity 10.51m NOK → 11.76m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF CONSULT MANAGEMENT AS.

Scorecard

Revenue
684.6k NOK 684 NOK
-99.9%
Operating result
-364.7k NOK -262.2k NOK
+28.1%
Net result
+376.4k NOK +1.25m NOK
+231.6%
Equity
10.51m NOK 11.76m NOK
+11.9%
Cash
6.11m NOK 9.32m NOK
+52.6%
Total assets
13.57m NOK 14.15m NOK
+4.2%

What improved

  • ↑

    Operating result improved

    Operating result -364.7k NOK → -262.2k NOK (op. margin -53.3% → -38340.6%). Calculated

  • ↑

    Net result improved

    Net result +376.4k NOK → +1.25m NOK (net margin 55.0% → 182506.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.51m NOK → 11.76m NOK (equity ratio 77.4% → 83.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.11m NOK → 9.32m NOK (+52.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 757.8k NOK → 88.3k NOK (111% → 12912% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 684.6k NOK to 684 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.98m NOK → 435.6k NOK. Reported fact