Org.nr 958 775 563 2006 → 2007 Year-over-year analysis

A SKAUG TRANSPORT AS: årsregnskap 2007 vs 2006

Shrank 15% on revenue, cash halved-plus

approved 2008-06-05; registry 2008-08-25

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for A SKAUG TRANSPORT AS. Revenue 10.22m NOK → 8.66m NOK (-15.3%). Equity 635.8k NOK → 1 123 NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

10.22m NOK 8.66m NOK

-15.3%

Operating result

+200.53m NOK +1 095 NOK

-100.0%

Net result

+237.7k NOK n/m

—

Equity

635.8k NOK 1 123 NOK

-99.8%

Cash

649.0k NOK 213.6k NOK

-67.1%

Total assets

8.66m NOK 6.79m NOK

-21.6%

↑
Payroll decreased

Salary cost 4.13m NOK → 3.41m NOK (40% → 39% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.22m NOK to 8.66m NOK (-15.3% YoY). Calculated
↓
Operating result weakened

Operating result +200.53m NOK → +1 095 NOK (op. margin 1962.8% → 0.0%). Calculated
↓
Equity eroded

Book equity 635.8k NOK → 1 123 NOK (equity ratio 7.3% → 0.0%). Calculated
↓
Cash fell

Bank deposits 649.0k NOK → 213.6k NOK (-67.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 209.0k NOK → 97.7k NOK (-53.2% YoY). Calculated