A/S Hovinveien 7 og 9: årsregnskap 2007 vs 2006
Shrank 98% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A/S Hovinveien 7 og 9. Revenue 981.3k NOK → 21.2k NOK (-97.8%). Net result -95.7k NOK → +219.8k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
981.3k NOK
21.2k NOK
-97.8%
Operating result
-30.0k NOK
+275.9k NOK
+1018.6%
Net result
-95.7k NOK
+219.8k NOK
+329.7%
Equity
n/m
1.20m NOK
—
Total assets
2.71m NOK
2.87m NOK
+5.9%
What improved
-
↑
Operating result improved
Operating result -30.0k NOK → +275.9k NOK (op. margin -3.1% → 1303.5%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 95.7k NOK to a profit of 219.8k NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 981.3k NOK to 21.2k NOK (-97.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 006 NOK → 22.8k NOK (0% → 108% of revenue). Calculated