Org.nr 977 362 105 2006 → 2007 Year-over-year analysis

A-REISER AS: årsregnskap 2007 vs 2006

Shrank 12% on revenue

approved 2008-02-07; registry 2008-05-29

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for A-REISER AS. Revenue 4.04m NOK → 3.54m NOK (-12.4%). Equity 100.7k NOK → 78.4k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-REISER AS.

At a glance

Revenue

4.04m NOK 3.54m NOK

-12.4%

Operating result

+4 375 NOK +40.3k NOK

+821.9%

Net result

+12.1k NOK n/m

—

Equity

100.7k NOK 78.4k NOK

-22.2%

Total assets

700.8k NOK 907.8k NOK

+29.5%

↑
Operating result improved

Operating result +4 375 NOK → +40.3k NOK (op. margin 0.1% → 1.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.04m NOK to 3.54m NOK (-12.4% YoY). Calculated
↓
Equity eroded

Book equity 100.7k NOK → 78.4k NOK (equity ratio 14.4% → 8.6%). Calculated
↓
Payroll up without matching revenue

Salary cost 0 NOK → 440.5k NOK (0% → 12% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 3.24m NOK → 2.80m NOK (-13.5% YoY). Calculated