24/7 EKSPRESS AS: årsregnskap 2007 vs 2006
Grew 15% on revenue
approved 2008-06-12; registry 2008-06-23
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 24/7 EKSPRESS AS. Revenue 4.32m NOK → 4.96m NOK (+14.9%). Equity 633.4k NOK → 885.8k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.32m NOK to 4.96m NOK (+14.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 633.4k NOK → 885.8k NOK (equity ratio 118.5% → 46.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.69× → 3.37×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +636.9k NOK → +469.6k NOK (op. margin 14.8% → 9.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 204.2k NOK → 357.2k NOK (5% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.80m NOK → 1.92m NOK (+6.5% YoY). Calculated