ABC ELEKTRO TEAM AS: årsregnskap 2007 vs 2006
Grew 120% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABC ELEKTRO TEAM AS. Revenue 5.90m NOK → 12.99m NOK (+120.3%). Net result +355.9k NOK → +776.0k NOK. Equity 812.5k NOK → 1.29m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ABC ELEKTRO TEAM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.90m NOK to 12.99m NOK (+120.3% YoY). Calculated
-
↑
Net result improved
Net result +355.9k NOK → +776.0k NOK (net margin 6.0% → 6.0%). Calculated
-
↑
Equity strengthened
Book equity 812.5k NOK → 1.29m NOK (equity ratio 19.7% → 24.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +519.4k NOK → +141.7k NOK (op. margin 8.8% → 1.1%). Calculated
-
↓
Cash fell
Bank deposits 7.20m NOK → 268.1k NOK (-96.3% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (7.20m NOK → 268.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS moved
COGS / varekostnad 2.06m NOK → 4.33m NOK (+109.9% YoY). Calculated