FirmaIQ
Org.nr 986 529 551 2007 → 2008 Year-over-year analysis

AKASTOR ASA: årsregnskap 2008 vs 2007

Grew 29% on revenue, weaker earnings

approved 2009-03-03; registry 2009-05-07

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AKASTOR ASA. Revenue 17.00m NOK → 22.00m NOK (+29.4%). Net result +2.29bn NOK → +205.00m NOK. Equity 8.27bn NOK → 7.92bn NOK.

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

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

At a glance

Scorecard

Revenue
17.00m NOK 22.00m NOK
+29.4%
Operating result
+3.48bn NOK +2.77bn NOK
-20.5%
Net result
+2.29bn NOK +205.00m NOK
-91.0%
Equity
8.27bn NOK 7.92bn NOK
-4.2%
Cash
1.85bn NOK 1.40bn NOK
-24.3%
Total assets
22.89bn NOK 27.44bn NOK
+19.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.00m NOK to 22.00m NOK (+29.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.48bn NOK → +2.77bn NOK (op. margin 20482.4% → 12577.3%). Calculated

  • ↓

    Net result weakened

    Net result +2.29bn NOK → +205.00m NOK (net margin 13470.6% → 931.8%). Calculated

  • ↓

    Equity eroded

    Book equity 8.27bn NOK → 7.92bn NOK (equity ratio 36.1% → 28.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.85bn NOK → 1.40bn NOK (-24.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

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

  • ·

    COGS fell

    COGS / varekostnad 36.41bn NOK → 34.89bn NOK (-4.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.94bn NOK → 7.10bn NOK. Reported fact