Org.nr 987 989 297 2007 → 2008 Year-over-year analysis

BLUENORD ASA: årsregnskap 2008 vs 2007

Returned to profit, fresh owner capital

approved 2009-05-27; registry 2009-08-22

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for BLUENORD ASA. Revenue 0 NOK → 2.42m NOK. Net result -165.13m NOK → +120.21m NOK. Equity 1.85bn NOK → 2.34bn NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

Scorecard

Revenue
0 NOK 2.42m NOK
—
Operating result
+49.1k NOK +823.56m NOK
+1678887.2%
Net result
-165.13m NOK +120.21m NOK
+172.8%
Equity
1.85bn NOK 2.34bn NOK
+26.3%
Cash
666.52m NOK 583.74m NOK
-12.4%
Total assets
5.63m NOK 6.88bn NOK
+122008.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 2.42m NOK. Calculated

  • ↑

    Operating result improved

    Operating result +49.1k NOK → +823.56m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 165.13m NOK to a profit of 120.21m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.85bn NOK → 2.34bn NOK (equity ratio 32919.4% → 34.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.80bn NOK → 2.34bn NOK (+541.95m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 666.52m NOK → 583.74m NOK (-12.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.35bn NOK → 4.84bn NOK. Reported fact