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Org.nr 986 529 551 2006 → 2007 Year-over-year analysis

AKASTOR ASA: årsregnskap 2007 vs 2006

Shrank 19% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for AKASTOR ASA. Revenue 21.00m NOK → 17.00m NOK (-19.0%). Net result +3.54bn NOK → +2.29bn NOK. Equity 7.54bn NOK → 8.27bn NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKASTOR ASA.

At a glance

Scorecard

Revenue
21.00m NOK 17.00m NOK
-19.0%
Operating result
n/m +3.48bn NOK
—
Net result
+3.54bn NOK +2.29bn NOK
-35.4%
Equity
7.54bn NOK 8.27bn NOK
+9.6%
Cash
3.29bn NOK 1.85bn NOK
-43.7%
Total assets
21.86bn NOK 22.89bn NOK
+4.7%

What improved

  • ↑

    Equity strengthened

    Book equity 7.54bn NOK → 8.27bn NOK (equity ratio 34.5% → 36.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.00m NOK to 17.00m NOK (-19.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +3.54bn NOK → +2.29bn NOK (net margin 16876.2% → 13470.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.29bn NOK → 1.85bn NOK (-43.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 31.30bn NOK → 36.41bn NOK (+16.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 4.83bn NOK → 4.82bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.60bn NOK → 6.94bn NOK. Reported fact