FirmaIQ
Org.nr 980 832 708 2008 → 2009 Year-over-year analysis

EQVA ASA: årsregnskap 2009 vs 2008

Grew 163988% on revenue, weaker earnings

approved 2010-05-05; registry 2010-09-04; journal 2010 697182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for EQVA ASA. Revenue 13.6k NOK → 22.25m NOK (+163987.6%). Net result +62.41m NOK → +36.49m NOK. Equity 8.62m NOK → 11.49m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for EQVA ASA.

At a glance

Scorecard

Revenue
13.6k NOK 22.25m NOK
+163987.6%
Operating result
-1.63m NOK n/m
—
Net result
+62.41m NOK +36.49m NOK
-41.5%
Equity
8.62m NOK 11.49m NOK
+33.3%
Cash
963.9k NOK 650.5k NOK
-32.5%
Total assets
50.23m NOK 55.69m NOK
+10.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.6k NOK to 22.25m NOK (+163987.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 8.62m NOK → 11.49m NOK (equity ratio 17.2% → 20.6%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +62.41m NOK → +36.49m NOK (net margin 460259.3% → 164.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 963.9k NOK → 650.5k NOK (-32.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10 NOK → 15156396000.19bn NOK (0% → 68122819052261% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2 202 NOK → 60.0k NOK (+2626.2% YoY). Calculated