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Org.nr 985 140 421 2008 → 2009 Year-over-year analysis

VERDIPAPIRSENTRALEN ASA: årsregnskap 2009 vs 2008

Shrank 8% on revenue, weaker earnings

approved 2010-04-21; registry 2010-07-14; journal 2010 501440

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for VERDIPAPIRSENTRALEN ASA. Revenue 503.57m NOK → 463.90m NOK (-7.9%). Net result +190.60m NOK → +126.46m NOK. Equity 430.07m NOK → 420.42m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
503.57m NOK 463.90m NOK
-7.9%
Operating result
+245.87m NOK +165 NOK
-100.0%
Net result
+190.60m NOK +126.46m NOK
-33.7%
Equity
430.07m NOK 420.42m NOK
-2.2%
Cash
365.45m NOK 335.74m NOK
-8.1%
Total assets
592.59m NOK 557.64m NOK
-5.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 503.57m NOK to 463.90m NOK (-7.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +245.87m NOK → +165 NOK (op. margin 48.8% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +190.60m NOK → +126.46m NOK (net margin 37.9% → 27.3%). Calculated

  • ↓

    Equity eroded

    Book equity 430.07m NOK → 420.42m NOK (equity ratio 72.6% → 75.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 365.45m NOK → 335.74m NOK (-8.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10 NOK → 2 008 NOK. Reported fact