Org.nr 979 512 058 2007 → 2008 Year-over-year analysis

AKERSVEIEN 19 AS: årsregnskap 2008 vs 2007

Grew 5% on revenue

approved 2009-06-30; registry 2009-09-17

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AKERSVEIEN 19 AS. Revenue 915.4k NOK → 962.9k NOK (+5.2%). Equity 1.50m NOK → 979.7k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
915.4k NOK 962.9k NOK
+5.2%
Operating result
+331.7k NOK +553.2k NOK
+66.8%
Net result
n/m +481.4k NOK
—
Equity
1.50m NOK 979.7k NOK
-34.6%
Cash
146.9k NOK 660.6k NOK
+349.5%
Total assets
2.28m NOK 2.63m NOK
+15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 915.4k NOK to 962.9k NOK (+5.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +331.7k NOK → +553.2k NOK (op. margin 36.2% → 57.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 146.9k NOK → 660.6k NOK (+349.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 338.4k NOK → 90.5k NOK (37% → 9% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.50m NOK → 979.7k NOK (equity ratio 65.8% → 37.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated