Org.nr 987 796 898 2007 → 2008 Year-over-year analysis

AK BETONG AS: årsregnskap 2008 vs 2007

Shrank 20% on revenue

approved 2009-10-02; registry 2009-10-13

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AK BETONG AS. Revenue 5.81m NOK → 4.63m NOK (-20.2%). Equity 706.6k NOK → 711.5k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK BETONG AS.

Scorecard

Revenue
5.81m NOK 4.63m NOK
-20.2%
Operating result
+581.1k NOK +53.3k NOK
-90.8%
Equity
706.6k NOK 711.5k NOK
+0.7%
Cash
471.5k NOK 626.4k NOK
+32.8%
Total assets
2.62m NOK 2.50m NOK
-4.4%

What improved

  • ↑

    Equity strengthened

    Book equity 706.6k NOK → 711.5k NOK (equity ratio 27.0% → 28.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 471.5k NOK → 626.4k NOK (+32.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.40m NOK → 1 NOK (41% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.81m NOK to 4.63m NOK (-20.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +581.1k NOK → +53.3k NOK (op. margin 10.0% → 1.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.24m NOK → 1.83m NOK (-18.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 353.7k NOK → 403.1k NOK. Reported fact