OTELLO CORPORATION ASA: årsregnskap 2008 vs 2007
Grew 58% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for OTELLO CORPORATION ASA. Revenue 315.5k NOK → 497.1k NOK (+57.6%). Net result +12.47m NOK → +87.70m NOK. Equity 530.5k NOK → 587.5k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for OTELLO CORPORATION ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 315.5k NOK to 497.1k NOK (+57.6% YoY). Calculated
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Net result improved
Net result +12.47m NOK → +87.70m NOK (net margin 3952.2% → 17642.9%). Calculated
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Equity strengthened
Book equity 530.5k NOK → 587.5k NOK (equity ratio 84.3% → 74.8%). Calculated
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Cash rose
Bank deposits 454.2k NOK → 563.5k NOK (+24.1% YoY). Calculated
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Owners injected capital
Paid-in equity rose 481.3k NOK → 484.2k NOK (+2 909 NOK). Reported fact
Things to notice
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Payroll increased
Salary cost 3.15m NOK → 5.19m NOK (998% → 1045% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.14m NOK → 3.18m NOK (+48.5% YoY). Calculated