3P DISTRIBUSJON AS: årsregnskap 2007 vs 2006
Grew 245% on revenue, stronger earnings
approved 2008-05-14; registry 2008-09-18
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 3P DISTRIBUSJON AS. Revenue 149.4k NOK → 514.8k NOK (+244.7%). Net result +19.9k NOK → +38.8k NOK. Equity 92.3k NOK → 53.5k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3P DISTRIBUSJON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 149.4k NOK to 514.8k NOK (+244.7% YoY). Calculated
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↑
Net result improved
Net result +19.9k NOK → +38.8k NOK (net margin 13.3% → 7.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +29.0k NOK → -52.6k NOK (op. margin 19.4% → -10.2%). Calculated
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↓
Equity eroded
Book equity 92.3k NOK → 53.5k NOK (equity ratio 74.6% → 7.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 51.7k NOK → 504.3k NOK (+875.6% YoY). Calculated