Org.nr 931 693 670 2007 → 2008 Year-over-year analysis

AKVA GROUP ASA: årsregnskap 2008 vs 2007

Shrank 100% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AKVA GROUP ASA. Revenue 356.0k NOK → 525 NOK (-99.9%). Equity 336.4k NOK → 306.2k NOK.

On the constructive side: current ratio back above 1×; owners injected capital. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKVA GROUP ASA.

Scorecard

Revenue
356.0k NOK 525 NOK
-99.9%
Net result
n/m +52.0k NOK
—
Equity
336.4k NOK 306.2k NOK
-9.0%
Total assets
684.8k NOK 556.8k NOK
-18.7%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.95× → 1.30×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 267.3k NOK → 275.4k NOK (+8 099 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 356.0k NOK to 525 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 336.4k NOK → 306.2k NOK (equity ratio 49.1% → 55.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 11.22m NOK → 10.20bn NOK (+90741.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 545 NOK → 356.8k NOK. Reported fact