FirmaIQ
Org.nr 959 033 560 2007 → 2008 Year-over-year analysis

ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2008 vs 2007

Grew 54% on revenue, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 29.43m NOK → 45.34m NOK (+54.0%). Equity 221.7k NOK → 189.96m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.

At a glance

Scorecard

Revenue
29.43m NOK 45.34m NOK
+54.0%
Net result
n/m -33.63m NOK
—
Equity
221.7k NOK 189.96m NOK
+85582.3%
Cash
147.53m NOK 133.52m NOK
-9.5%
Total assets
232.9k NOK 216.49m NOK
+92838.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.43m NOK to 45.34m NOK (+54.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 221.7k NOK → 189.96m NOK (equity ratio 95.2% → 87.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 221.7k NOK → 58.72m NOK (+58.50m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 147.53m NOK → 133.52m NOK (-9.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 22.74m NOK → 29.34m NOK (77% → 65% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.16m NOK → 2.37m NOK (+105.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 27.12m NOK → 329.0k NOK. Reported fact