FirmaIQ
Org.nr 840 606 112 2006 → 2007 Year-over-year analysis

ABS ASSURANSEAGENTURER AS: årsregnskap 2007 vs 2006

Shrank 36% on revenue, weaker earnings

approved 2008-07-30; registry 2008-09-04

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ABS ASSURANSEAGENTURER AS. Revenue 368.1k NOK → 234.0k NOK (-36.4%). Net result +20.9k NOK → +585 NOK. Equity 212.9k NOK → 213.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
368.1k NOK 234.0k NOK
-36.4%
Operating result
+76.5k NOK +56.3k NOK
-26.5%
Net result
+20.9k NOK +585 NOK
-97.2%
Equity
212.9k NOK 213.5k NOK
+0.3%
Cash
62.9k NOK 36.5k NOK
-41.9%
Total assets
1.82m NOK 1.80m NOK
-1.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 139.3k NOK → 79.9k NOK (38% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 368.1k NOK to 234.0k NOK (-36.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +76.5k NOK → +56.3k NOK (op. margin 20.8% → 24.0%). Calculated

  • ↓

    Net result weakened

    Net result +20.9k NOK → +585 NOK (net margin 5.7% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 62.9k NOK → 36.5k NOK (-41.9% YoY). Calculated