Org.nr 976 820 630 2007 → 2008 Year-over-year analysis

AGRONOR AS: årsregnskap 2008 vs 2007

Grew 76% on revenue

approved 2009-05-22; registry 2009-06-17

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AGRONOR AS. Revenue 3.23m NOK → 5.67m NOK (+75.8%). Equity 901.3k NOK → 341.6k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRONOR AS.

Scorecard

Revenue
3.23m NOK 5.67m NOK
+75.8%
Operating result
+225.0k NOK +569.3k NOK
+153.0%
Equity
901.3k NOK 341.6k NOK
-62.1%
Total assets
1.71m NOK 2.85m NOK
+67.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.23m NOK to 5.67m NOK (+75.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +225.0k NOK → +569.3k NOK (op. margin 7.0% → 10.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 901.3k NOK → 341.6k NOK (equity ratio 52.8% → 12.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 252.0k NOK → 499.4k NOK (8% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.13m NOK → 3.26m NOK (+53.5% YoY). Calculated