ACORN VANNRENS AS: årsregnskap 2008 vs 2007
Grew 12% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACORN VANNRENS AS. Revenue 112.9k NOK → 126.3k NOK (+11.9%). Net result +17.9k NOK → -1 568 NOK. Equity 99.2k NOK → 97.6k NOK.
On the constructive side: revenue rose; operating result improved. 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 ACORN VANNRENS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 112.9k NOK to 126.3k NOK (+11.9% YoY). Calculated
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↑
Operating result improved
Operating result +17.6k NOK → +36.0k NOK (op. margin 15.6% → 28.5%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 17.9k NOK profit to a loss of 1 568 NOK. Calculated
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↓
Equity eroded
Book equity 99.2k NOK → 97.6k NOK (equity ratio 70.0% → 67.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 26.7k NOK → 10.1k NOK (-61.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 11.5k NOK → 26.5k NOK. Reported fact