3T STJØRDAL AS: årsregnskap 2008 vs 2007
Grew 107799% on revenue, weaker earnings
approved 2009-06-30; registry 2009-09-10
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 3T STJØRDAL AS. Revenue 7 174 NOK → 7.74m NOK (+107798.9%). Net result +714.73m NOK → +61.4k NOK. Equity 799.8k NOK → 1 115 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3T STJØRDAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7 174 NOK to 7.74m NOK (+107798.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +995.3k NOK → +360.9k NOK (op. margin 13873.7% → 4.7%). Calculated
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↓
Net result weakened
Net result +714.73m NOK → +61.4k NOK (net margin 9962719.0% → 0.8%). Calculated
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↓
Equity eroded
Book equity 799.8k NOK → 1 115 NOK (equity ratio 21.6% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 235.9k NOK → 150.7k NOK (-36.1% YoY). Calculated