AGENDA TRANSPORT AS: årsregnskap 2008 vs 2007
Shrank 20% on revenue, returned to profit
approved 2009-05-27; registry 2009-06-03
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGENDA TRANSPORT AS. Revenue 2.17m NOK → 1.74m NOK (-19.9%). Net result -20.4k NOK → +104.1k NOK. Equity 515.0k NOK → 619.1k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGENDA TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 20.4k NOK to a profit of 104.1k NOK. Calculated
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↑
Equity strengthened
Book equity 515.0k NOK → 619.1k NOK (equity ratio 69.3% → 83.0%). Calculated
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↑
Cash rose
Bank deposits 107.7k NOK → 336.3k NOK (+212.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.17m NOK to 1.74m NOK (-19.9% YoY). Calculated
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↓
Operating result weakened
Operating result -24.3k NOK → -33.3k NOK (op. margin -1.1% → -1.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.39m NOK → 8.93m NOK (64% → 514% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 47.6k NOK → 0 NOK. Reported fact