FirmaIQ
Org.nr 851 654 062 2007 → 2008 Year-over-year analysis

AKERSHUS ØKONOMI AS: årsregnskap 2008 vs 2007

Shrank 25% on revenue, weaker earnings, cash halved-plus

approved 2009-06-30; registry 2009-09-08

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AKERSHUS ØKONOMI AS. Revenue 3.27m NOK → 2.45m NOK (-25.2%). Net result +1.02m NOK → +792.7k NOK. Equity 324.9k NOK → 325.7k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.27m NOK 2.45m NOK
-25.2%
Operating result
+1.36m NOK +1.10m NOK
-18.8%
Net result
+1.02m NOK +792.7k NOK
-22.0%
Equity
324.9k NOK 325.7k NOK
+0.2%
Cash
132.3k NOK 59.3k NOK
-55.2%
Total assets
2.27m NOK 1.93m NOK
-15.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.14× → 1.18×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.27m NOK to 2.45m NOK (-25.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.36m NOK → +1.10m NOK (op. margin 41.5% → 45.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.02m NOK → +792.7k NOK (net margin 31.1% → 32.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 132.3k NOK → 59.3k NOK (-55.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.17m NOK → 1.69m NOK (36% → 69% of revenue). Calculated