4 REAL AS: årsregnskap 2007 vs 2006
Shrank 5% on revenue, weaker earnings
approved 2008-06-28; registry 2008-09-08
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 4 REAL AS. Revenue 953.7k NOK → 902.9k NOK (-5.3%). Net result +25.0k NOK → +6 560 NOK. Equity 121.0k NOK → 114.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 3.79m NOK → 628.5k NOK (397% → 70% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 953.7k NOK to 902.9k NOK (-5.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +29.0k NOK → -7 953 NOK (op. margin 3.0% → -0.9%). Calculated
-
↓
Net result weakened
Net result +25.0k NOK → +6 560 NOK (net margin 2.6% → 0.7%). Calculated
-
↓
Equity eroded
Book equity 121.0k NOK → 114.4k NOK (equity ratio 36.2% → 39.9%). Calculated
-
↓
COGS moved
COGS / varekostnad 21.6k NOK → 105.0k NOK (+385.7% YoY). Calculated