A TITLESTAD AS: årsregnskap 2007 vs 2006
Shrank 6% on revenue
approved 2008-02-26; registry 2008-07-29
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A TITLESTAD AS. Revenue 4.08m NOK → 3.82m NOK (-6.2%). Net result +142.8k NOK → +134.9k NOK. Equity 405.79m NOK → 540.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 133.0k NOK → 257.0k NOK (+93.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.08m NOK to 3.82m NOK (-6.2% YoY). Calculated
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↓
Operating result weakened
Operating result +205.0k NOK → +187.7k NOK (op. margin 5.0% → 4.9%). Calculated
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↓
Net result weakened
Net result +142.8k NOK → +134.9k NOK (net margin 3.5% → 3.5%). Calculated
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↓
Equity eroded
Book equity 405.79m NOK → 540.7k NOK (equity ratio 35359.8% → 44.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.73m NOK → 1.77m NOK (42% → 46% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.56m NOK → 1.25m NOK (-20.0% YoY). Calculated