AGRO BYGG & TEKNIKK AS: årsregnskap 2008 vs 2007
Shrank 5% on revenue, stronger earnings
approved 2009-06-10; registry 2009-08-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGRO BYGG & TEKNIKK AS. Revenue 3.79m NOK → 3.59m NOK (-5.3%). Net result +175.0k NOK → +247.2k NOK. Equity 303.5k NOK → 100.6k NOK.
On the constructive side: net result improved; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRO BYGG & TEKNIKK AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +175.0k NOK → +247.2k NOK (net margin 4.6% → 6.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.18× → 1.14×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.79m NOK to 3.59m NOK (-5.3% YoY). Calculated
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↓
Operating result weakened
Operating result +520.4k NOK → +308.4k NOK (op. margin 13.7% → 8.6%). Calculated
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↓
Equity eroded
Book equity 303.5k NOK → 100.6k NOK (equity ratio 201.5% → 12.1%). Calculated
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↓
Cash fell
Bank deposits 484.1k NOK → 257.3k NOK (-46.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.27m NOK → 2.20m NOK (-3.1% YoY). Calculated