Org.nr 985 611 475 2007 → 2008 Year-over-year analysis

ACUSTUS HALLER AS: årsregnskap 2008 vs 2007

Shrank 94% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ACUSTUS HALLER AS. Revenue 4.35m NOK → 281.1k NOK (-93.5%). Net result +438.3k NOK → +794.4k NOK. Equity 532.8k NOK → 39.3k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACUSTUS HALLER AS.

Scorecard

Revenue
4.35m NOK 281.1k NOK
-93.5%
Operating result
+637.7k NOK +70.6k NOK
-88.9%
Net result
+438.3k NOK +794.4k NOK
+81.3%
Equity
532.8k NOK 39.3k NOK
-92.6%
Cash
n/m 1.14m NOK
—
Total assets
2.38m NOK 2.15m NOK
-9.6%

What improved

  • ↑

    Net result improved

    Net result +438.3k NOK → +794.4k NOK (net margin 10.1% → 282.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.35m NOK to 281.1k NOK (-93.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +637.7k NOK → +70.6k NOK (op. margin 14.7% → 25.1%). Calculated

  • ↓

    Equity eroded

    Book equity 532.8k NOK → 39.3k NOK (equity ratio 22.4% → 1.8%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2.21m NOK → 5.82m NOK (+163.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation