TGS ASA: årsregnskap 2008 vs 2007
Grew 5105% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for TGS ASA. Revenue 452.8k NOK → 23.57m NOK (+5105.0%). Net result +249.78m NOK → +113.8k NOK. Equity 988.9k NOK → 661.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for TGS ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 452.8k NOK to 23.57m NOK (+5105.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +624.26m NOK → +96.0k NOK (op. margin 137881.2% → 0.4%). Calculated
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↓
Net result weakened
Net result +249.78m NOK → +113.8k NOK (net margin 55169.1% → 0.5%). Calculated
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↓
Equity eroded
Book equity 988.9k NOK → 661.1k NOK. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 238.9k NOK → 46.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 30.3k NOK → 36.2k NOK (+19.7% YoY). Calculated