A. GJERDE EIENDOM AS: årsregnskap 2007 vs 2006
Grew 13% on revenue, weaker earnings
approved 2008-10-24; registry 2008-10-28
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A. GJERDE EIENDOM AS. Revenue 1.27m NOK → 1.43m NOK (+12.5%). Net result +1.23m NOK → +28.5k NOK. Equity 1.50m NOK → 1.48m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.27m NOK
1.43m NOK
+12.5%
Operating result
+983.5k NOK
+181.0k NOK
-81.6%
Net result
+1.23m NOK
+28.5k NOK
-97.7%
Equity
1.50m NOK
1.48m NOK
-1.7%
Cash
n/m
105.0k NOK
—
Total assets
11.19m NOK
10.99m NOK
-1.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.27m NOK to 1.43m NOK (+12.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +983.5k NOK → +181.0k NOK (op. margin 77.3% → 12.6%). Calculated
-
↓
Net result weakened
Net result +1.23m NOK → +28.5k NOK (net margin 97.0% → 2.0%). Calculated
-
↓
Equity eroded
Book equity 1.50m NOK → 1.48m NOK (equity ratio 13.4% → 13.5%). Calculated