AKB LIGHTING AS: årsregnskap 2008 vs 2007
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AKB LIGHTING AS. Revenue 26.40m NOK → 25.60m NOK (-3.0%). Net result +331.6k NOK → +1.84m NOK. Equity 4.86m NOK → 6.53m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKB LIGHTING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +331.6k NOK → +1.84m NOK (net margin 1.3% → 7.2%). Calculated
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↑
Equity strengthened
Book equity 4.86m NOK → 6.53m NOK (equity ratio 38.0% → 50.8%). Calculated
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↑
Cash rose
Bank deposits 1.86m NOK → 4.46m NOK (+139.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.35m NOK → 3 NOK (20% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 26.40m NOK to 25.60m NOK (-3.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.70m NOK → 13.60m NOK (-7.5% YoY). Calculated