Org.nr 988 899 194 2007 → 2008 Year-over-year analysis

3H HOLDING AS: årsregnskap 2008 vs 2007

Grew 736% on revenue, slipped into loss

approved 2009-09-17; registry 2009-09-23

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for 3H HOLDING AS. Revenue 10.0k NOK → 83.6k NOK (+735.8%). Net result +8.77m NOK → -230.0k NOK. Equity 10.84m NOK → 10.61m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3H HOLDING AS.

Scorecard

Revenue
10.0k NOK 83.6k NOK
+735.8%
Operating result
-1.23m NOK -151.0k NOK
+87.7%
Net result
+8.77m NOK -230.0k NOK
-102.6%
Equity
10.84m NOK 10.61m NOK
-2.1%
Total assets
13.48m NOK 11.14m NOK
-17.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.0k NOK to 83.6k NOK (+735.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.23m NOK → -151.0k NOK (op. margin -12304.5% → -180.7%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 8.77m NOK profit to a loss of 230.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.84m NOK → 10.61m NOK (equity ratio 80.4% → 95.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 578 NOK → 4.58m NOK. Reported fact