4TRAVEL AS: årsregnskap 2007 vs 2006
Grew 127% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 4TRAVEL AS. Revenue 3.13m NOK → 7.11m NOK (+126.7%). Net result +124.1k NOK → +248.5k NOK. Equity 224.1k NOK → 271.9k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4TRAVEL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.13m NOK to 7.11m NOK (+126.7% YoY). Calculated
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↑
Net result improved
Net result +124.1k NOK → +248.5k NOK (net margin 4.0% → 3.5%). Calculated
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↑
Equity strengthened
Book equity 224.1k NOK → 271.9k NOK (equity ratio 23.0% → 38.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +178.1k NOK → +66.3k NOK (op. margin 5.7% → 0.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 233.7k NOK → 2.65m NOK (7% → 37% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.62m NOK → 6.08m NOK (+132.2% YoY). Calculated