Org.nr 986 942 033 2007 → 2008 Year-over-year analysis

APPEAR ASA: årsregnskap 2008 vs 2007

Grew 97% on revenue

approved 2009-03-13; registry 2009-06-22

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for APPEAR ASA. Revenue 46.11m NOK → 90.95m NOK (+97.2%). Equity 14.07m NOK → 36.24m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for APPEAR ASA.

At a glance

Revenue

46.11m NOK 90.95m NOK

+97.2%

Operating result

-138.0k NOK +18.50m NOK

+13502.5%

Equity

14.07m NOK 36.24m NOK

+157.6%

Cash

8.56m NOK 26.33m NOK

+207.5%

Total assets

27.93m NOK 59.69m NOK

+113.7%

↑
Revenue rose

Operating income / revenue moved from 46.11m NOK to 90.95m NOK (+97.2% YoY). Calculated
↑
Operating result improved

Operating result -138.0k NOK → +18.50m NOK (op. margin -0.3% → 20.3%). Calculated
↑
Equity strengthened

Book equity 14.07m NOK → 36.24m NOK (equity ratio 50.4% → 60.7%). Calculated
↑
Cash rose

Bank deposits 8.56m NOK → 26.33m NOK (+207.5% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 14.05m NOK → 14.36m NOK (+314.1k NOK). Reported fact

·
Payroll increased

Salary cost 16.67m NOK → 22.15m NOK (36% → 24% of revenue). Calculated
·
COGS moved

COGS / varekostnad 21.00m NOK → 35.19m NOK (+67.5% YoY). Calculated