Org.nr 989 270 273 2007 → 2008 Year-over-year analysis

HESTNES-LANDE HOLDING AS: årsregnskap 2008 vs 2007

Grew 9% on revenue

approved 2009-06-30; registry 2009-09-16

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for HESTNES-LANDE HOLDING AS. Revenue 413.1k NOK → 452.0k NOK (+9.4%). Equity 652.1k NOK → 1.11m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for HESTNES-LANDE HOLDING AS.

Scorecard

Revenue
413.1k NOK 452.0k NOK
+9.4%
Operating result
+196.0k NOK +105.5k NOK
-46.2%
Net result
+52.1k NOK n/m
—
Equity
652.1k NOK 1.11m NOK
+70.8%
Total assets
3.53m NOK 3.60m NOK
+1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 413.1k NOK to 452.0k NOK (+9.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 652.1k NOK → 1.11m NOK (equity ratio 18.5% → 31.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +196.0k NOK → +105.5k NOK (op. margin 47.4% → 23.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 26.1k NOK → 2.99m NOK (6% → 661% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 89.8k NOK → 69.9k NOK (-22.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 204.6k NOK. Reported fact