Org.nr 989 998 005 2006 → 2007 Year-over-year analysis

3 ÈRN TRAFIKKSKOLE AS: årsregnskap 2007 vs 2006

Shrank 44% on revenue

approved 2008-05-30; registry 2008-08-26

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for 3 ÈRN TRAFIKKSKOLE AS. Revenue 963.3k NOK → 541.6k NOK (-43.8%). Equity 61.2k NOK → 124.0k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3 ÈRN TRAFIKKSKOLE AS.

At a glance

Revenue

963.3k NOK 541.6k NOK

-43.8%

Operating result

-39.1k NOK n/m

—

Equity

61.2k NOK 124.0k NOK

+102.7%

Cash

84.3k NOK 220.4k NOK

+161.3%

Total assets

176.3k NOK 390.5k NOK

+121.5%

↑
Equity strengthened

Book equity 61.2k NOK → 124.0k NOK (equity ratio 34.7% → 31.8%). Calculated
↑
Cash rose

Bank deposits 84.3k NOK → 220.4k NOK (+161.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 963.3k NOK to 541.6k NOK (-43.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 435 NOK → 517.0k NOK (0% → 95% of revenue). Calculated

·
COGS fell

COGS / varekostnad 9 032 NOK → 1 099 NOK (-87.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 6 515 NOK → 61.7k NOK. Reported fact