Org.nr 989 750 186 2007 → 2008 Year-over-year analysis

ELLIPTIC LABORATORIES ASA: årsregnskap 2008 vs 2007

Shrank 19% on revenue, fresh owner capital

approved 2009-06-25; registry 2009-08-22

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ELLIPTIC LABORATORIES ASA. Revenue 3.00m NOK → 2.42m NOK (-19.3%). Equity 350.8k NOK → 6.12m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.00m NOK 2.42m NOK
-19.3%
Operating result
+579.6k NOK n/m
—
Net result
+636.7k NOK n/m
—
Equity
350.8k NOK 6.12m NOK
+1644.2%
Total assets
507.7k NOK 7.34m NOK
+1344.9%

What improved

  • ↑

    Equity strengthened

    Book equity 350.8k NOK → 6.12m NOK (equity ratio 69.1% → 83.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 836.5k NOK → 6.89m NOK (+6.05m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.00m NOK to 2.42m NOK (-19.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.20m NOK → 2.27m NOK (40% → 94% of revenue). Calculated