AH DRILLING CONSULTANCY AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-06-15; registry 2009-09-17
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AH DRILLING CONSULTANCY AS. Revenue 3.13m NOK → 3.09m NOK (-1.2%). Equity 2.57m NOK → 1.45m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.13m NOK
3.09m NOK
-1.2%
Operating result
+2.11m NOK
+2.02m NOK
-4.3%
Equity
2.57m NOK
1.45m NOK
-43.7%
Cash
467.1k NOK
496.7k NOK
+6.3%
Total assets
4.00m NOK
2.02m NOK
-49.6%
What improved
-
↑
Cash rose
Bank deposits 467.1k NOK → 496.7k NOK (+6.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.13m NOK to 3.09m NOK (-1.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.11m NOK → +2.02m NOK (op. margin 67.5% → 65.4%). Calculated
-
↓
Equity eroded
Book equity 2.57m NOK → 1.45m NOK (equity ratio 64.1% → 71.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 858.5k NOK → 918.3k NOK (27% → 30% of revenue). Calculated