Org.nr 919 742 356 2007 → 2008 Year-over-year analysis

3B-FIBREGLASS NORWAY AS: årsregnskap 2008 vs 2007

Grew 30% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for 3B-FIBREGLASS NORWAY AS. Revenue 230.5k NOK → 300.3k NOK (+30.3%). Net result -53.7k NOK → -34.6k NOK. Equity 36.1k NOK → 212.2k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3B-FIBREGLASS NORWAY AS.

Scorecard

Revenue
230.5k NOK 300.3k NOK
+30.3%
Operating result
-46.0k NOK -30.6k NOK
+33.4%
Net result
-53.7k NOK -34.6k NOK
+35.6%
Equity
36.1k NOK 212.2k NOK
+487.5%
Total assets
301.0k NOK 301.6k NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 230.5k NOK to 300.3k NOK (+30.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -46.0k NOK → -30.6k NOK (op. margin -19.9% → -10.2%). Calculated

  • ↑

    Net result improved

    Net result -53.7k NOK → -34.6k NOK (net margin -23.3% → -11.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 36.1k NOK → 212.2k NOK (equity ratio 12.0% → 70.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.35× → 1.33×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 58.8k NOK → 76.9k NOK (+30.8% YoY). Calculated