Org.nr 936 882 986 2007 → 2008 Year-over-year analysis

A/S TRÅIKA: årsregnskap 2008 vs 2007

Shrank 95% on revenue, weaker earnings, cash halved-plus

approved 2009-06-15; registry 2009-09-03

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for A/S TRÅIKA. Revenue 40.12m NOK → 1.88m NOK (-95.3%). Net result +28.47m NOK → +2.51m NOK. Equity 23.67m NOK → 26.18m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S TRÅIKA.

Scorecard

Revenue
40.12m NOK 1.88m NOK
-95.3%
Operating result
n/m +1.08m NOK
—
Net result
+28.47m NOK +2.51m NOK
-91.2%
Equity
23.67m NOK 26.18m NOK
+10.6%
Cash
691.0k NOK 83.8k NOK
-87.9%
Total assets
57.09m NOK 59.07m NOK
+3.5%

What improved

  • ↑

    Equity strengthened

    Book equity 23.67m NOK → 26.18m NOK (equity ratio 41.5% → 44.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 40.12m NOK to 1.88m NOK (-95.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +28.47m NOK → +2.51m NOK (net margin 71.0% → 133.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 691.0k NOK → 83.8k NOK (-87.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 56.1k NOK → 40.8k NOK (-27.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 48.32m NOK → 50.87m NOK. Reported fact