Org.nr 948 468 255 2007 → 2008 Year-over-year analysis

AKEB AS: årsregnskap 2008 vs 2007

Shrank 36% on revenue, slipped into loss

approved 2009-09-30; registry 2009-10-14

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AKEB AS. Revenue 830.2k NOK → 529.9k NOK (-36.2%). Net result +78 NOK → -276.9k NOK. Equity 3.25m NOK → 2.98m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
830.2k NOK 529.9k NOK
-36.2%
Operating result
+30.6k NOK -62.4k NOK
-303.8%
Net result
+78 NOK -276.9k NOK
-355156.4%
Equity
3.25m NOK 2.98m NOK
-8.5%
Cash
n/m 1.19m NOK
—
Total assets
4.16m NOK 3.82m NOK
-8.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 830.2k NOK to 529.9k NOK (-36.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +30.6k NOK → -62.4k NOK (op. margin 3.7% → -11.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 78 NOK profit to a loss of 276.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.25m NOK → 2.98m NOK (equity ratio 78.2% → 77.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 505.4k NOK → 370.0k NOK (-26.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.32m NOK → 2.40m NOK. Reported fact