NEKKAR ASA: årsregnskap 2009 vs 2008
Grew 22% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for NEKKAR ASA. Revenue 29.6k NOK → 36.1k NOK (+22.1%). Net result -2 502 NOK → -265.2k NOK. Equity 877.7k NOK → 797.4k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased. 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 29.6k NOK to 36.1k NOK (+22.1% YoY). Calculated
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Operating result improved
Operating result -12.9k NOK → -6 398 NOK (op. margin -43.5% → -17.7%). Calculated
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Cash rose
Bank deposits 128.0k NOK → 10.51m NOK (+8106.9% YoY). Calculated
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Owners injected capital
Paid-in equity rose 135.8k NOK → 371.8k NOK (+236.1k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -2 502 NOK → -265.2k NOK (net margin -8.5% → -734.3%). Calculated
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Equity eroded
Book equity 877.7k NOK → 797.4k NOK (equity ratio 20.0% → 47.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.45m NOK → 5.48m NOK (18417% → 15180% of revenue). Calculated