A/S TRÅIKA: årsregnskap 2007 vs 2006
Grew 326% on revenue, stronger earnings
approved 2008-06-24; registry 2008-07-28
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A/S TRÅIKA. Revenue 9.41m NOK → 40.12m NOK (+326.4%). Net result +1.59m NOK → +28.47m NOK. Equity 248.3k NOK → 23.67m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S TRÅIKA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.41m NOK to 40.12m NOK (+326.4% YoY). Calculated
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Net result improved
Net result +1.59m NOK → +28.47m NOK (net margin 16.9% → 71.0%). Calculated
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↑
Equity strengthened
Book equity 248.3k NOK → 23.67m NOK (equity ratio 0.5% → 41.5%). Calculated
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↑
Cash rose
Bank deposits 78.1k NOK → 691.0k NOK (+784.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 320.2k NOK → 93.0k NOK (3% → 0% of revenue). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.54× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 5 504 NOK → 56.1k NOK (+920.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6.96m NOK → 48.32m NOK. Reported fact