ABACUS IT AS: årsregnskap 2007 vs 2006
Grew 17% on revenue, stronger earnings
approved 2008-05-06; registry 2008-09-08
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABACUS IT AS. Revenue 4.44m NOK → 5.19m NOK (+16.9%). Net result +9 586 NOK → +165.6k NOK. Equity 124.6k NOK → 240.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABACUS IT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.44m NOK to 5.19m NOK (+16.9% YoY). Calculated
-
↑
Net result improved
Net result +9 586 NOK → +165.6k NOK (net margin 0.2% → 3.2%). Calculated
-
↑
Equity strengthened
Book equity 124.6k NOK → 240.2k NOK (equity ratio 9.9% → 13.6%). Calculated
-
↑
Cash rose
Bank deposits 313.0k NOK → 329.1k NOK (+5.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +25.9k NOK → +77 NOK (op. margin 0.6% → 0.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.75m NOK → 3.24m NOK (62% → 62% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 1.00m NOK → 930.0k NOK (-7.5% YoY). Calculated