AKVA GROUP ASA: årsregnskap 2009 vs 2008
Grew 446% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AKVA GROUP ASA. Revenue 525 NOK → 2 866 NOK (+445.9%). Net result +52.0k NOK → +55 NOK. Equity 306.2k NOK → 300.6k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKVA GROUP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 525 NOK to 2 866 NOK (+445.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +52.0k NOK → +55 NOK (net margin 9906.5% → 1.9%). Calculated
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↓
Equity eroded
Book equity 306.2k NOK → 300.6k NOK (equity ratio 55.0% → 49036.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.20bn NOK → 505.5k NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 356.8k NOK → 275.6k NOK. Reported fact