Org.nr 938 806 888 2007 → 2008 Year-over-year analysis

AGENDEC AS: årsregnskap 2008 vs 2007

Shrank 11% on revenue, stronger earnings

approved 2009-06-15; registry 2009-10-28

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AGENDEC AS. Revenue 3.01m NOK → 2.67m NOK (-11.4%). Net result +203.9k NOK → +315.1k NOK. Equity 163.2k NOK → 848.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGENDEC AS.

Scorecard

Revenue
3.01m NOK 2.67m NOK
-11.4%
Operating result
+28.6k NOK +445.0k NOK
+1454.3%
Net result
+203.9k NOK +315.1k NOK
+54.5%
Equity
163.2k NOK 848.1k NOK
+419.7%
Cash
455.1k NOK 629.8k NOK
+38.4%
Total assets
1.76m NOK 1.59m NOK
-9.3%

What improved

  • ↑

    Operating result improved

    Operating result +28.6k NOK → +445.0k NOK (op. margin 1.0% → 16.7%). Calculated

  • ↑

    Net result improved

    Net result +203.9k NOK → +315.1k NOK (net margin 6.8% → 11.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 163.2k NOK → 848.1k NOK (equity ratio 9.3% → 53.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 455.1k NOK → 629.8k NOK (+38.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.01m NOK to 2.67m NOK (-11.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 208.3k NOK → 203.0k NOK (-2.5% YoY). Calculated