FirmaIQ
Org.nr 968 913 468 2006 → 2007 Year-over-year analysis

ABAS AS: årsregnskap 2007 vs 2006

Shrank 11% on revenue, stronger earnings

approved 2008-06-12; registry 2008-08-23

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ABAS AS. Revenue 20.00m NOK → 17.75m NOK (-11.3%). Net result +67.1k NOK → +541.0k NOK. Equity 841.3k NOK → 382.3k NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAS AS.

At a glance

Scorecard

Revenue
20.00m NOK 17.75m NOK
-11.3%
Operating result
-388.2k NOK n/m
—
Net result
+67.1k NOK +541.0k NOK
+706.1%
Equity
841.3k NOK 382.3k NOK
-54.6%
Cash
218.4k NOK 524.5k NOK
+140.2%
Total assets
13.40m NOK 3.93m NOK
-70.6%

What improved

  • ↑

    Net result improved

    Net result +67.1k NOK → +541.0k NOK (net margin 0.3% → 3.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 218.4k NOK → 524.5k NOK (+140.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.00m NOK to 17.75m NOK (-11.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 841.3k NOK → 382.3k NOK (equity ratio 6.3% → 9.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.09m NOK → 1.24m NOK (5% → 7% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.74m NOK → 15.55m NOK (-12.3% YoY). Calculated