FirmaIQ
Org.nr 947 454 838 2006 → 2007 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2007 vs 2006

Grew 16% on revenue, stronger earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for A/S Hørtefossen. Revenue 5.49m NOK → 6.40m NOK (+16.5%). Net result +505.8k NOK → +739.2k NOK. Equity 3.09m NOK → 3.82m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A/S Hørtefossen.

At a glance

Scorecard

Revenue
5.49m NOK 6.40m NOK
+16.5%
Operating result
+682.4k NOK n/m
—
Net result
+505.8k NOK +739.2k NOK
+46.2%
Equity
3.09m NOK 3.82m NOK
+24.0%
Cash
521.5k NOK 250.3k NOK
-52.0%
Total assets
5.78m NOK 6.33m NOK
+9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.49m NOK to 6.40m NOK (+16.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +505.8k NOK → +739.2k NOK (net margin 9.2% → 11.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.09m NOK → 3.82m NOK (equity ratio 53.4% → 60.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 521.5k NOK → 250.3k NOK (-52.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 006 NOK → 2.37m NOK (0% → 37% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.08m NOK → 2.06m NOK (-0.8% YoY). Calculated