NEKKAR ASA: årsregnskap 2008 vs 2007
Grew 105% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for NEKKAR ASA. Revenue 14.4k NOK → 29.6k NOK (+105.2%). Net result +50.6k NOK → -2 502 NOK. Equity 840.2k NOK → 877.7k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for NEKKAR ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 14.4k NOK to 29.6k NOK (+105.2% YoY). Calculated
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Operating result improved
Operating result -24.2k NOK → -12.9k NOK (op. margin -167.6% → -43.5%). Calculated
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Equity strengthened
Book equity 840.2k NOK → 877.7k NOK (equity ratio 167.6% → 20.0%). Calculated
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Payroll decreased
Salary cost 5.34bn NOK → 5.45m NOK (37059090% → 18417% of revenue). Calculated
What deteriorated
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Fell into a net loss
Net result flipped from 50.6k NOK profit to a loss of 2 502 NOK. Calculated
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Cash fell
Bank deposits 14.20m NOK → 128.0k NOK (-99.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (14.20m NOK → 128.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 624.4k NOK → 135.8k NOK — check capital reduction, conversion, or reclassification. Interpretation