Org.nr 990 885 656 2007 → 2008 Year-over-year analysis

3 Q NORGE AS: årsregnskap 2008 vs 2007

Shrank 52% on revenue, slipped into loss

approved 2009-03-25; registry 2009-04-07

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for 3 Q NORGE AS. Revenue 925.6k NOK → 441.9k NOK (-52.3%). Net result +259.3k NOK → -192.2k NOK. Equity 359.3k NOK → 167.1k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
925.6k NOK 441.9k NOK
-52.3%
Net result
+259.3k NOK -192.2k NOK
-174.1%
Equity
359.3k NOK 167.1k NOK
-53.5%
Cash
485.7k NOK 345.2k NOK
-28.9%
Total assets
659.0k NOK 363.6k NOK
-44.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 925.6k NOK to 441.9k NOK (-52.3% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 259.3k NOK profit to a loss of 192.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 359.3k NOK → 167.1k NOK (equity ratio 54.5% → 46.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 485.7k NOK → 345.2k NOK (-28.9% YoY). Calculated