A/S Rep-Rek: årsregnskap 2007 vs 2006
Shrank 10% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A/S Rep-Rek. Revenue 19.44m NOK → 17.47m NOK (-10.2%). Net result +300.7k NOK → -1.37m NOK. Equity 2.28m NOK → 6.92m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.28m NOK → 6.92m NOK (equity ratio 30.5% → 105.8%). Calculated
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↑
Payroll decreased
Salary cost 8.57m NOK → 2 007 NOK (44% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 19.44m NOK to 17.47m NOK (-10.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +492.4k NOK → -1.37m NOK (op. margin 2.5% → -7.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 300.7k NOK profit to a loss of 1.37m NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.29× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 4.52m NOK → 4.72m NOK (+4.4% YoY). Calculated