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Org.nr 984 648 324 2007 → 2008 Year-over-year analysis

ACINOR AS: årsregnskap 2008 vs 2007

Grew 38% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACINOR AS. Revenue 27.69m NOK → 38.15m NOK (+37.8%). Net result +4.76m NOK → +4.75m NOK. Equity 1.51m NOK → 1.76m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
27.69m NOK 38.15m NOK
+37.8%
Operating result
+6.39m NOK +6.44m NOK
+0.7%
Net result
+4.76m NOK +4.75m NOK
-0.2%
Equity
1.51m NOK 1.76m NOK
+16.7%
Cash
7.80m NOK 6.53m NOK
-16.3%
Total assets
12.17m NOK 13.57m NOK
+11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.69m NOK to 38.15m NOK (+37.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6.39m NOK → +6.44m NOK (op. margin 23.1% → 16.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.51m NOK → 1.76m NOK (equity ratio 12.4% → 13.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 7.80m NOK → 6.53m NOK (-16.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 18.37m NOK → 28.30m NOK (+54.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 46.5k NOK → 34.3k NOK. Reported fact