Org.nr 979 455 518 2007 → 2008 Year-over-year analysis

ACD PHARMACEUTICALS AS: årsregnskap 2008 vs 2007

Grew 8% on revenue

approved 2009-06-30; registry 2009-09-12

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACD PHARMACEUTICALS AS. Revenue 6.64m NOK → 7.20m NOK (+8.4%). Equity 752.5k NOK → 721.1k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACD PHARMACEUTICALS AS.

At a glance

Revenue

6.64m NOK 7.20m NOK

+8.4%

Operating result

+520.9k NOK +256 NOK

-100.0%

Net result

+394.4k NOK n/m

—

Equity

752.5k NOK 721.1k NOK

-4.2%

Cash

55.0k NOK n/m

—

Total assets

2.09m NOK 4.17m NOK

+99.6%

↑
Revenue rose

Operating income / revenue moved from 6.64m NOK to 7.20m NOK (+8.4% YoY). Calculated

↓
Operating result weakened

Operating result +520.9k NOK → +256 NOK (op. margin 7.8% → 0.0%). Calculated
↓
Equity eroded

Book equity 752.5k NOK → 721.1k NOK (equity ratio 36.0% → 17.3%). Calculated

·
Payroll increased

Salary cost 171.1k NOK → 3.98m NOK (3% → 55% of revenue). Calculated
·
COGS moved

COGS / varekostnad 380.3k NOK → 1.80m NOK (+372.6% YoY). Calculated