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Org.nr 910 659 693 2007 → 2008 Year-over-year analysis

ACINI CAPITAL AS: årsregnskap 2008 vs 2007

Grew 8% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACINI CAPITAL AS. Revenue 17.98m NOK → 19.48m NOK (+8.3%). Net result +41.88m NOK → -55.84m NOK. Equity 104.99m NOK → 46.15m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: fell into a net loss; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACINI CAPITAL AS.

At a glance

Scorecard

Revenue
17.98m NOK 19.48m NOK
+8.3%
Operating result
+3.56m NOK +3.81m NOK
+6.9%
Net result
+41.88m NOK -55.84m NOK
-233.3%
Equity
104.99m NOK 46.15m NOK
-56.0%
Total assets
120.06m NOK 63.99m NOK
-46.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.98m NOK to 19.48m NOK (+8.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.56m NOK → +3.81m NOK (op. margin 19.8% → 19.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 91.3k NOK → 2 NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 41.88m NOK profit to a loss of 55.84m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 104.99m NOK → 46.15m NOK (equity ratio 87.4% → 72.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.66m NOK → 13.62m NOK (-0.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.39m NOK → 15.79m NOK. Reported fact