3B-FIBREGLASS NORWAY AS: årsregnskap 2007 vs 2006
Shrank 17% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 3B-FIBREGLASS NORWAY AS. Revenue 277.7k NOK → 230.5k NOK (-17.0%). Net result -11.1k NOK → -53.7k NOK. Equity 88.5k NOK → 36.1k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
277.7k NOK
230.5k NOK
-17.0%
Operating result
-13.0k NOK
-46.0k NOK
-254.9%
Net result
-11.1k NOK
-53.7k NOK
-384.9%
Equity
88.5k NOK
36.1k NOK
-59.2%
Total assets
277.4k NOK
301.0k NOK
+8.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 277.7k NOK to 230.5k NOK (-17.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -13.0k NOK → -46.0k NOK (op. margin -4.7% → -19.9%). Calculated
-
↓
Net result weakened
Net result -11.1k NOK → -53.7k NOK (net margin -4.0% → -23.3%). Calculated
-
↓
Equity eroded
Book equity 88.5k NOK → 36.1k NOK (equity ratio 31.9% → 12.0%). Calculated