Org.nr 985 140 421 2007 → 2008 Year-over-year analysis

VERDIPAPIRSENTRALEN ASA: årsregnskap 2008 vs 2007

A steady year on the published lines

approved 2009-03-24; registry 2009-07-28

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for VERDIPAPIRSENTRALEN ASA. Revenue 494.14m NOK → 503.57m NOK (+1.9%). Net result +203.42m NOK → +190.60m NOK. Equity 329.45m NOK → 430.07m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for VERDIPAPIRSENTRALEN ASA.

Scorecard

Revenue
494.14m NOK 503.57m NOK
+1.9%
Operating result
+272.13m NOK +245.87m NOK
-9.7%
Net result
+203.42m NOK +190.60m NOK
-6.3%
Equity
329.45m NOK 430.07m NOK
+30.5%
Cash
255.40m NOK 365.45m NOK
+43.1%
Total assets
505.59m NOK 592.59m NOK
+17.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 494.14m NOK to 503.57m NOK (+1.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 329.45m NOK → 430.07m NOK (equity ratio 65.2% → 72.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 255.40m NOK → 365.45m NOK (+43.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.12bn NOK → 6 NOK (631% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +272.13m NOK → +245.87m NOK (op. margin 55.1% → 48.8%). Calculated

  • ↓

    Net result weakened

    Net result +203.42m NOK → +190.60m NOK (net margin 41.2% → 37.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 38.06m NOK → 10 NOK. Reported fact