FirmaIQ
Org.nr 988 605 042 2007 → 2008 Year-over-year analysis

AESSEAL NORDIC AS: årsregnskap 2008 vs 2007

Shrank 19% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AESSEAL NORDIC AS. Revenue 10.58m NOK → 8.58m NOK (-18.9%). Net result -1.09m NOK → -2.46m NOK. Equity 2.91m NOK → 441.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AESSEAL NORDIC AS.

At a glance

Scorecard

Revenue
10.58m NOK 8.58m NOK
-18.9%
Operating result
-1.32m NOK -2.52m NOK
-90.8%
Net result
-1.09m NOK -2.46m NOK
-125.2%
Equity
2.91m NOK 441.3k NOK
-84.8%
Total assets
8.22m NOK 4.32m NOK
-47.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.58m NOK to 8.58m NOK (-18.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.32m NOK → -2.52m NOK (op. margin -12.5% → -29.4%). Calculated

  • ↓

    Net result weakened

    Net result -1.09m NOK → -2.46m NOK (net margin -10.3% → -28.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.91m NOK → 441.3k NOK (equity ratio 35.4% → 10.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.07m NOK → 2.73m NOK (20% → 32% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.22m NOK → 441.3k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.36m NOK → 4.82m NOK (-10.1% YoY). Calculated