Org.nr 980 832 708 2007 → 2008 Year-over-year analysis

EQVA ASA: årsregnskap 2008 vs 2007

Grew 112892% on revenue, fresh owner capital

approved 2009-06-22; registry 2009-08-27

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for EQVA ASA. Revenue 12 NOK → 13.6k NOK (+112891.7%). Equity 7.62m NOK → 8.62m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for EQVA ASA.

Scorecard

Revenue
12 NOK 13.6k NOK
+112891.7%
Operating result
-470.6k NOK -1.63m NOK
-246.2%
Net result
n/m +62.41m NOK
—
Equity
7.62m NOK 8.62m NOK
+13.1%
Cash
-8 449 NOK 963.9k NOK
+11508.1%
Total assets
32.48m NOK 50.23m NOK
+54.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12 NOK to 13.6k NOK (+112891.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.62m NOK → 8.62m NOK (equity ratio 23.5% → 17.2%). Calculated

  • ↑

    Cash rose

    Bank deposits -8 449 NOK → 963.9k NOK (+11508.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.20m NOK → 6.59m NOK (+5.39m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 9 102 NOK → 10 NOK (75850% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -470.6k NOK → -1.63m NOK (op. margin -3921608.3% → -12014.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 423.47m NOK → 2 202 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 32.37m NOK → 6 200 NOK. Reported fact