WILSON ASA: årsregnskap 2008 vs 2007
Shrank 100% on revenue, weaker earnings
Summary
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.
At a glance
Scorecard
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