62 NORD AS: årsregnskap 2008 vs 2007
Grew 148682% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 62 NORD AS. Revenue 10.2k NOK → 15.12m NOK (+148682.3%). Net result -13.0k NOK → -6.78m NOK. Equity 8 848 NOK → 10.40m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 62 NORD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 10.2k NOK to 15.12m NOK (+148682.3% YoY). Calculated
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Operating result improved
Operating result -16.0k NOK → +6.52m NOK (op. margin -157.2% → 43.2%). Calculated
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Equity strengthened
Book equity 8 848 NOK → 10.40m NOK (equity ratio 14.4% → 19.6%). Calculated
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Owners injected capital
Paid-in equity rose 16.7k NOK → 17.33m NOK (+17.31m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -13.0k NOK → -6.78m NOK (net margin -127.7% → -44.8%). Calculated
Things to notice
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Payroll increased
Salary cost 10.7k NOK → 6.13m NOK (106% → 41% of revenue). Calculated
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COGS moved
COGS / varekostnad 2 202 NOK → 5.69m NOK (+258332.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 60.0k NOK → 23.5k NOK. Reported fact