FirmaIQ
Org.nr 813 475 782 2007 → 2008 Year-over-year analysis

AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2008 vs 2007

Weaker earnings

approved 2009-05-19; registry 2009-06-17

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Net result +1.83m NOK → +1.43m NOK. Equity 6.09m NOK → 4.62m NOK.

Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.

At a glance

Scorecard

Revenue
31.39m NOK n/m
—
Operating result
+2.27m NOK n/m
—
Net result
+1.83m NOK +1.43m NOK
-21.9%
Equity
6.09m NOK 4.62m NOK
-24.2%
Cash
5.67m NOK 5.60m NOK
-1.2%
Total assets
12.94m NOK 11.03m NOK
-14.8%

What deteriorated

  • ↓

    Net result weakened

    Net result +1.83m NOK → +1.43m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.09m NOK → 4.62m NOK (equity ratio 47.1% → 41.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.67m NOK → 5.60m NOK (-1.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -16.99m NOK → 15.43m NOK (+190.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.24m NOK → 408.2k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 184.9k NOK → 100.9k NOK. Reported fact