Org.nr 983 569 285 2006 → 2007 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2007 vs 2006

Grew 34% on revenue

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for 2ENTERTAIN NORGE AS. Revenue 20.02m NOK → 26.73m NOK (+33.5%). Equity 4.98m NOK → 2.75m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

At a glance

Revenue

20.02m NOK 26.73m NOK

+33.5%

Operating result

+3.31m NOK +5.09m NOK

+53.9%

Equity

4.98m NOK 2.75m NOK

-44.8%

Cash

6.75m NOK 3.40m NOK

-49.7%

Total assets

11.70m NOK 18.79m NOK

+60.6%

↑
Revenue rose

Operating income / revenue moved from 20.02m NOK to 26.73m NOK (+33.5% YoY). Calculated
↑
Operating result improved

Operating result +3.31m NOK → +5.09m NOK (op. margin 16.5% → 19.0%). Calculated

↓
Equity eroded

Book equity 4.98m NOK → 2.75m NOK (equity ratio 42.5% → 14.6%). Calculated
↓
Cash fell

Bank deposits 6.75m NOK → 3.40m NOK (-49.7% YoY). Calculated

·
Payroll increased

Salary cost 10.24m NOK → 13.46m NOK (51% → 50% of revenue). Calculated