A/S Spilka Industri: årsregnskap 2008 vs 2007
Shrank 6% on revenue, stronger earnings
approved 2009-07-01; registry 2009-07-11
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A/S Spilka Industri. Revenue 137.66m NOK → 128.83m NOK (-6.4%). Net result 0 NOK → +6.54m NOK. Equity 104.72m NOK → 52.79m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Spilka Industri.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result 0 NOK → +6.54m NOK (net margin 0.0% → 5.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 137.66m NOK to 128.83m NOK (-6.4% YoY). Calculated
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↓
Operating result weakened
Operating result +13.45m NOK → +13.5k NOK (op. margin 9.8% → 0.0%). Calculated
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↓
Equity eroded
Book equity 104.72m NOK → 52.79m NOK (equity ratio 51.4% → 40.9%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 58.70m NOK → 13.70m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 48.70m NOK → 48.01m NOK (-1.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 117.14m NOK → 15.12m NOK. Reported fact