ACRYLICON NORGE AS: årsregnskap 2008 vs 2007
Grew 39% on revenue, weaker earnings
approved 2009-06-30; registry 2009-09-17
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACRYLICON NORGE AS. Revenue 27.12m NOK → 37.65m NOK (+38.8%). Net result +902.1k NOK → +4 118 NOK. Equity 3.58m NOK → 5.17m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 27.12m NOK to 37.65m NOK (+38.8% YoY). Calculated
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↑
Operating result improved
Operating result +1.96m NOK → +6.64m NOK (op. margin 7.2% → 17.6%). Calculated
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↑
Equity strengthened
Book equity 3.58m NOK → 5.17m NOK (equity ratio 24.6% → 27.8%). Calculated
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↑
Cash rose
Bank deposits 419.9k NOK → 608.3k NOK (+44.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +902.1k NOK → +4 118 NOK (net margin 3.3% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 1.41m NOK (0% → 4% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 16.70m NOK → 22.76m NOK (+36.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7.09m NOK → 46.5k NOK. Reported fact