FirmaIQ
Org.nr 988 578 932 2007 → 2008 Year-over-year analysis

SMARTDOK AS: årsregnskap 2008 vs 2007

Grew 74% on revenue, stronger earnings

approved 10.06.2009; registry 17.06.2009

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for SMARTDOK AS. Revenue 773.1k NOK → 1.34m NOK (+73.7%). Net result +89.6k NOK → +119.5k NOK. Equity 130.7k NOK → 250.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for SMARTDOK AS.

At a glance

Scorecard

Revenue
773.1k NOK 1.34m NOK
+73.7%
Operating result
+78.9k NOK +127.8k NOK
+62.0%
Net result
+89.6k NOK +119.5k NOK
+33.4%
Equity
130.7k NOK 250.2k NOK
+91.5%
Total assets
537.6k NOK 757.0k NOK
+40.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 773.1k NOK to 1.34m NOK (+73.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +78.9k NOK → +127.8k NOK (op. margin 10.2% → 9.5%). Calculated

  • ↑

    Net result improved

    Net result +89.6k NOK → +119.5k NOK (net margin 11.6% → 8.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 130.7k NOK → 250.2k NOK (equity ratio 24.3% → 33.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 435.8k NOK → 687.0k NOK (56% → 51% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5 000 NOK → 64.6k NOK (+1192.8% YoY). Calculated