Org.nr 984 032 773 2007 → 2008 Year-over-year analysis

EVERTIND ASA: årsregnskap 2008 vs 2007

Shrank 19% on revenue, cash halved-plus

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for EVERTIND ASA. Revenue 3 150 NOK → 2 549 NOK (-19.1%). Net result -1 067 NOK → -2 421 NOK. Equity 44.2k NOK → 41.8k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
3 150 NOK 2 549 NOK
-19.1%
Operating result
-5 675 NOK -2 316 NOK
+59.2%
Net result
-1 067 NOK -2 421 NOK
-126.9%
Equity
44.2k NOK 41.8k NOK
-5.5%
Cash
220.1k NOK 10.2k NOK
-95.4%
Total assets
61.7k NOK 64.0k NOK
+3.7%

What improved

  • ↑

    Operating result improved

    Operating result -5 675 NOK → -2 316 NOK (op. margin -180.2% → -90.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3 150 NOK to 2 549 NOK (-19.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result -1 067 NOK → -2 421 NOK (net margin -33.9% → -95.0%). Calculated

  • ↓

    Equity eroded

    Book equity 44.2k NOK → 41.8k NOK (equity ratio 71.7% → 65.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 220.1k NOK → 10.2k NOK (-95.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.21× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated