Org.nr 980 382 028 2007 → 2008 Year-over-year analysis

AIDA ELEKTRO AS: årsregnskap 2008 vs 2007

Shrank 13% on revenue

approved 2009-06-30; registry 2009-09-10

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AIDA ELEKTRO AS. Revenue 4.51m NOK → 3.91m NOK (-13.3%). Equity 423.7k NOK → 377.8k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

4.51m NOK 3.91m NOK

-13.3%

Equity

423.7k NOK 377.8k NOK

-10.8%

Cash

843.3k NOK 547.9k NOK

-35.0%

Total assets

2.21m NOK 1.95m NOK

-11.7%

↓
Revenue fell

Operating income / revenue moved from 4.51m NOK to 3.91m NOK (-13.3% YoY). Calculated
↓
Equity eroded

Book equity 423.7k NOK → 377.8k NOK (equity ratio 19.1% → 19.3%). Calculated
↓
Cash fell

Bank deposits 843.3k NOK → 547.9k NOK (-35.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 6 NOK → 2.12m NOK (0% → 54% of revenue). Calculated