Org.nr 982 899 737 2007 → 2008 Year-over-year analysis

AKERSHUS KJØLESERVICE AS: årsregnskap 2008 vs 2007

Shrank 19% on revenue

approved 2009-06-03; registry 2009-08-22

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AKERSHUS KJØLESERVICE AS. Revenue 15.64m NOK → 12.70m NOK (-18.8%). Equity 5.46m NOK → 5.44m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Revenue

15.64m NOK 12.70m NOK

-18.8%

Operating result

+262.5k NOK +964.4k NOK

+267.4%

Equity

5.46m NOK 5.44m NOK

-0.3%

Cash

n/m 3.50m NOK

—

Total assets

11.38m NOK 13.70m NOK

+20.4%

↑
Operating result improved

Operating result +262.5k NOK → +964.4k NOK (op. margin 1.7% → 7.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 15.64m NOK to 12.70m NOK (-18.8% YoY). Calculated
↓
Equity eroded

Book equity 5.46m NOK → 5.44m NOK (equity ratio 48.0% → 39.7%). Calculated
↓
Payroll up without matching revenue

Salary cost 2.04m NOK → 2.22m NOK (13% → 17% of revenue). Calculated

·
COGS fell

COGS / varekostnad 7.80m NOK → 5.97m NOK (-23.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 30.0k NOK → 1 083 NOK. Reported fact