FirmaIQ
Org.nr 986 942 785 2006 → 2007 Year-over-year analysis

EIDESVIK OFFSHORE ASA: årsregnskap 2007 vs 2006

Grew 87862% on revenue, slipped into loss, fresh owner capital

approved 2008-05-19; registry 2008-09-11

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for EIDESVIK OFFSHORE ASA. Revenue 856.0k NOK → 752.95m NOK (+87861.8%). Net result +10.2k NOK → -46.62m NOK. Equity 426.1k NOK → 409.92m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
856.0k NOK 752.95m NOK
+87861.8%
Operating result
+278.31m NOK +151.04m NOK
-45.7%
Net result
+10.2k NOK -46.62m NOK
-458397.3%
Equity
426.1k NOK 409.92m NOK
+96109.0%
Cash
n/m 1.36m NOK
—
Total assets
3.39m NOK 460.87m NOK
+13513.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 856.0k NOK to 752.95m NOK (+87861.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 426.1k NOK → 409.92m NOK (equity ratio 12.6% → 88.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 507 NOK → 1.71m NOK (+1.71m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 256.07m NOK → 241.59m NOK (29915% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +278.31m NOK → +151.04m NOK (op. margin 32513.6% → 20.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 10.2k NOK profit to a loss of 46.62m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 373.4k NOK → 4 800 NOK. Reported fact