AKER UTVIKLING AS: årsregnskap 2008 vs 2007
Grew 2513% on revenue, weaker earnings
approved 2009-09-15; registry 2009-10-14
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AKER UTVIKLING AS. Revenue 1.04m NOK → 27.15m NOK (+2513.2%). Net result -68.0k NOK → -390.0k NOK. Equity 1.71m NOK → 1.32m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKER UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.04m NOK to 27.15m NOK (+2513.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -94.3k NOK → -690.8k NOK (op. margin -9.1% → -2.5%). Calculated
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↓
Net result weakened
Net result -68.0k NOK → -390.0k NOK (net margin -6.5% → -1.4%). Calculated
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↓
Equity eroded
Book equity 1.71m NOK → 1.32m NOK (equity ratio 1.8% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 1.94m NOK → 1.01m NOK (-47.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 810.4k NOK → 27.28m NOK (+3266.2% YoY). Calculated