2CARE BPA AS: årsregnskap 2007 vs 2006
Shrank 24% on revenue, weaker earnings
approved 2008-06-30; registry 2008-08-26
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 2CARE BPA AS. Revenue 2.88m NOK → 2.20m NOK (-23.7%). Net result -34.9k NOK → -72.6k NOK. Equity 206.9k NOK → 134.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2CARE BPA AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 56.7k NOK → -4 651 NOK (2% → -0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.88m NOK to 2.20m NOK (-23.7% YoY). Calculated
-
↓
Net result weakened
Net result -34.9k NOK → -72.6k NOK (net margin -1.2% → -3.3%). Calculated
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↓
Equity eroded
Book equity 206.9k NOK → 134.2k NOK (equity ratio 27.3% → 23.4%). Calculated
-
↓
Cash fell
Bank deposits 316.4k NOK → 245.7k NOK (-22.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 50.2k NOK → 33.3k NOK. Reported fact