A LEVERSUND & CO AS: årsregnskap 2007 vs 2006
Grew 248% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A LEVERSUND & CO AS. Revenue 3.52m NOK → 12.22m NOK (+247.5%). Net result +478.7k NOK → +750.5k NOK. Equity 364.4k NOK → 1 114 NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A LEVERSUND & CO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.52m NOK to 12.22m NOK (+247.5% YoY). Calculated
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Net result improved
Net result +478.7k NOK → +750.5k NOK (net margin 13.6% → 6.1%). Calculated
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Cash rose
Bank deposits 543.4k NOK → 550.7k NOK (+1.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +665.0k NOK → +44.7k NOK (op. margin 18.9% → 0.4%). Calculated
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↓
Equity eroded
Book equity 364.4k NOK → 1 114 NOK (equity ratio 10.1% → 0.0%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 375.2k NOK → 2.33m NOK (11% → 19% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.23m NOK → 8.27m NOK (+271.4% YoY). Calculated