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Org.nr 952 169 483 2007 → 2008 Year-over-year analysis

AGS IT-PARTNER AS: årsregnskap 2008 vs 2007

Shrank 33% on revenue, stronger earnings

approved 2009-06-08; registry 2009-08-29

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AGS IT-PARTNER AS. Revenue 66.41m NOK → 44.73m NOK (-32.6%). Net result +678 NOK → +12.2k NOK. Equity 9.89m NOK → 9.89m NOK.

On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.

At a glance

Scorecard

Revenue
66.41m NOK 44.73m NOK
-32.6%
Operating result
+7.95m NOK +1.01m NOK
-87.3%
Net result
+678 NOK +12.2k NOK
+1692.9%
Equity
9.89m NOK 9.89m NOK
0.0%
Total assets
20.44m NOK 31.40m NOK
+53.6%

What improved

  • ↑

    Net result improved

    Net result +678 NOK → +12.2k NOK (net margin 0.0% → 0.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 21.37m NOK → 10.69m NOK (32% → 24% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 66.41m NOK to 44.73m NOK (-32.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.95m NOK → +1.01m NOK (op. margin 12.0% → 2.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 665.0k NOK → 900 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 32.65m NOK → 29.03m NOK (-11.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.69m NOK → 6.47m NOK. Reported fact