FirmaIQ
Org.nr 985 400 792 2007 → 2008 Year-over-year analysis

ACRYLICON ROGALAND AS: årsregnskap 2008 vs 2007

Grew 35% on revenue, weaker earnings

approved 2009-05-19; registry 2009-07-06

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACRYLICON ROGALAND AS. Revenue 16.54m NOK → 22.28m NOK (+34.8%). Net result +143.91m NOK → +2 475 NOK. Equity 401.5k NOK → 179.7k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACRYLICON ROGALAND AS.

At a glance

Scorecard

Revenue
16.54m NOK 22.28m NOK
+34.8%
Operating result
n/m +3.44m NOK
—
Net result
+143.91m NOK +2 475 NOK
-100.0%
Equity
401.5k NOK 179.7k NOK
-55.3%
Total assets
3.74m NOK 6.63m NOK
+77.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.54m NOK to 22.28m NOK (+34.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +143.91m NOK → +2 475 NOK (net margin 870.3% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 401.5k NOK → 179.7k NOK (equity ratio 10.7% → 2.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.89m NOK → 4.42m NOK (24% → 20% of revenue). Calculated