Org.nr 984 195 486 2007 → 2008 Year-over-year analysis

VOIM ASA: årsregnskap 2008 vs 2007

Grew 84036% on revenue, weaker earnings, fresh owner capital

approved 2009-06-03; registry 2009-09-01

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for VOIM ASA. Revenue 757.0k NOK → 636.93m NOK (+84035.9%). Net result -30.93m NOK → -376.76m NOK. Equity 591.4k NOK → 480.43m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for VOIM ASA.

Scorecard

Revenue
757.0k NOK 636.93m NOK
+84035.9%
Operating result
n/m -60.28m NOK
—
Net result
-30.93m NOK -376.76m NOK
-1118.3%
Equity
591.4k NOK 480.43m NOK
+81134.8%
Cash
186.1k NOK 168.51m NOK
+90467.1%
Total assets
930.2k NOK 786.46m NOK
+84450.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 757.0k NOK to 636.93m NOK (+84035.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 591.4k NOK → 480.43m NOK (equity ratio 63.6% → 61.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 186.1k NOK → 168.51m NOK (+90467.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 852.6k NOK → 1.12m NOK (+265.6k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -30.93m NOK → -376.76m NOK (net margin -4085.1% → -59.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.19m NOK → 6.22m NOK (818% → 1% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 87.49m NOK → 76.30m NOK. Reported fact