AIRCRAFT ENGINEERING AS: årsregnskap 2008 vs 2007
Grew 49% on revenue, stronger earnings
approved 2009-05-30; registry 2009-09-14
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AIRCRAFT ENGINEERING AS. Revenue 1.82m NOK → 2.70m NOK (+48.7%). Net result +24 NOK → +15.0k NOK. Equity 198.2k NOK → 213.1k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.82m NOK to 2.70m NOK (+48.7% YoY). Calculated
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Net result improved
Net result +24 NOK → +15.0k NOK (net margin 0.0% → 0.6%). Calculated
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Equity strengthened
Book equity 198.2k NOK → 213.1k NOK (equity ratio 18.8% → 162.4%). Calculated
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Cash rose
Bank deposits 18.8k NOK → 44.1k NOK (+134.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 822.5k NOK → 6.84m NOK (45% → 253% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.79m NOK → 1.39m NOK (-50.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 26.8k NOK → 30.8k NOK. Reported fact