A BLYSTAD AS: årsregnskap 2007 vs 2006
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A BLYSTAD AS. Revenue 559.6k NOK → 544.6k NOK (-2.7%). Net result +90.9k NOK → +290.6k NOK. Equity 831.8k NOK → 122.4k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A BLYSTAD AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +134.4k NOK → +422.6k NOK (op. margin 24.0% → 77.6%). Calculated
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Net result improved
Net result +90.9k NOK → +290.6k NOK (net margin 16.2% → 53.4%). Calculated
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Payroll decreased
Salary cost 2.14m NOK → 8 944 NOK (383% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 559.6k NOK to 544.6k NOK (-2.7% YoY). Calculated
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↓
Equity eroded
Book equity 831.8k NOK → 122.4k NOK (equity ratio 39.4% → 4.9%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 11.0k NOK → 15.8k NOK. Reported fact