Org.nr 989 796 739 2007 → 2008 Year-over-year analysis

NORDIC MINING ASA: årsregnskap 2008 vs 2007

Grew 12% on revenue, fresh owner capital

approved 2009-06-15; registry 2009-07-06

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for NORDIC MINING ASA. Revenue 59.0k NOK → 66.0k NOK (+11.9%).

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened.

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

At a glance

Revenue

59.0k NOK 66.0k NOK

+11.9%

Operating result

-29.22m NOK -37.90m NOK

-29.7%

Net result

n/m -43.07m NOK

—

Cash

23.46m NOK 39.09m NOK

+66.6%

Total assets

50.72m NOK 83.32m NOK

+64.3%

↑
Revenue rose

Operating income / revenue moved from 59.0k NOK to 66.0k NOK (+11.9% YoY). Calculated
↑
Cash rose

Bank deposits 23.46m NOK → 39.09m NOK (+66.6% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 85.26m NOK → 144.34m NOK (+59.08m NOK). Reported fact

↓
Operating result weakened

Operating result -29.22m NOK → -37.90m NOK (op. margin -49527.1% → -57427.3%). Calculated

·
COGS moved

COGS / varekostnad 3 477 NOK → 1.40m NOK (+40193.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 84.0k NOK → 85.0k NOK. Reported fact