TGS ASA: årsregnskap 2007 vs 2006
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for TGS ASA. Net result +934.17m NOK → +249.78m NOK. Equity 5 NOK → 988.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for TGS ASA.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +40 NOK → +624.26m NOK. Calculated
-
↑
Equity strengthened
Book equity 5 NOK → 988.9k NOK (equity ratio 100.0% → 38.6%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +934.17m NOK → +249.78m NOK. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 365.7k NOK → 238.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 917 NOK → 18.5k NOK. Reported fact