Org.nr 955 497 643 2007 → 2008 Year-over-year analysis

2TAL AS: årsregnskap 2008 vs 2007

Grew 10% on revenue, weaker earnings

approved 2009-03-17; registry 2009-08-06

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for 2TAL AS. Revenue 31.44m NOK → 34.57m NOK (+10.0%). Net result +2.97m NOK → +2.37m NOK. Equity 374.1k NOK → 3.24m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2TAL AS.

Scorecard

Revenue
31.44m NOK 34.57m NOK
+10.0%
Operating result
+4.12m NOK n/m
—
Net result
+2.97m NOK +2.37m NOK
-20.2%
Equity
374.1k NOK 3.24m NOK
+766.1%
Cash
3.75m NOK 4.65m NOK
+24.1%
Total assets
9.74m NOK 10.97m NOK
+12.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.44m NOK to 34.57m NOK (+10.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 374.1k NOK → 3.24m NOK (equity ratio 3.8% → 29.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.75m NOK → 4.65m NOK (+24.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +2.97m NOK → +2.37m NOK (net margin 9.4% → 6.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 15.73m NOK → 19.18m NOK (+21.9% YoY). Calculated