Org.nr 882 757 692 2007 → 2008 Year-over-year analysis

WILSON ASA: årsregnskap 2008 vs 2007

Shrank 100% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for WILSON ASA. Revenue 1.06bn NOK → 1.21m NOK (-99.9%). Net result +111.04m NOK → +249.6k NOK. Equity 361.96m NOK → 341.2k NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for WILSON ASA.

Scorecard

Revenue
1.06bn NOK 1.21m NOK
-99.9%
Operating result
+2.26bn NOK -4 921 NOK
-100.0%
Net result
+111.04m NOK +249.6k NOK
-99.8%
Equity
361.96m NOK 341.2k NOK
-99.9%
Total assets
586.39m NOK 610.1k NOK
-99.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.06bn NOK to 1.21m NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.26bn NOK → -4 921 NOK (op. margin 213.4% → -0.4%). Calculated

  • ↓

    Net result weakened

    Net result +111.04m NOK → +249.6k NOK (net margin 10.5% → 20.7%). Calculated

  • ↓

    Equity eroded

    Book equity 361.96m NOK → 341.2k NOK (equity ratio 61.7% → 55.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 211.08m NOK → 211.1k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 497.38m NOK → 566.7k NOK. Reported fact