FirmaIQ
Org.nr 914 728 398 2007 → 2008 Year-over-year analysis

AKASIEN HOLDING AS: årsregnskap 2008 vs 2007

Grew 5% on revenue, weaker earnings

approved 2009-05-20; registry 2009-07-07

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AKASIEN HOLDING AS. Revenue 21.90m NOK → 23.07m NOK (+5.3%). Net result +453.6k NOK → +163.1k NOK. Equity 1.64m NOK → 1.76m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKASIEN HOLDING AS.

At a glance

Scorecard

Revenue
21.90m NOK 23.07m NOK
+5.3%
Operating result
+2.04m NOK +1.64m NOK
-19.5%
Net result
+453.6k NOK +163.1k NOK
-64.0%
Equity
1.64m NOK 1.76m NOK
+6.9%
Cash
2.63m NOK 1.90m NOK
-27.9%
Total assets
7.32m NOK 6.92m NOK
-5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.90m NOK to 23.07m NOK (+5.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.64m NOK → 1.76m NOK (equity ratio 22.5% → 25.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.04m NOK → +1.64m NOK (op. margin 9.3% → 7.1%). Calculated

  • ↓

    Net result weakened

    Net result +453.6k NOK → +163.1k NOK (net margin 2.1% → 0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.63m NOK → 1.90m NOK (-27.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 6.57m NOK (0% → 28% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.57m NOK → 10.30m NOK (+7.6% YoY). Calculated