Org.nr 971 597 275 2006 → 2007 Year-over-year analysis

ABACOM AS: årsregnskap 2007 vs 2006

Weaker earnings

approved 2008-05-15; registry 2008-09-08

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2007 with 2006 for ABACOM AS. Revenue 4.59m NOK → 4.63m NOK (+1.0%). Net result +898.8k NOK → +328.1k NOK. Equity 255.5k NOK → 228.6k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACOM AS.

Scorecard

Revenue
4.59m NOK 4.63m NOK
+1.0%
Operating result
+323.4k NOK +490.7k NOK
+51.7%
Net result
+898.8k NOK +328.1k NOK
-63.5%
Equity
255.5k NOK 228.6k NOK
-10.5%
Cash
n/m 147.6k NOK
—
Total assets
2.55m NOK 2.29m NOK
-10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.59m NOK to 4.63m NOK (+1.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +323.4k NOK → +490.7k NOK (op. margin 7.0% → 10.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 284.2k NOK → 231.8k NOK (6% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +898.8k NOK → +328.1k NOK (net margin 19.6% → 7.1%). Calculated

  • ↓

    Equity eroded

    Book equity 255.5k NOK → 228.6k NOK (equity ratio 10.0% → 10.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.23m NOK → 2.78m NOK (+125.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 97.9k NOK → 99.8k NOK. Reported fact