FirmaIQ
Org.nr 981 528 778 2006 → 2007 Year-over-year analysis

ABSOLUTESKILLS AS: årsregnskap 2007 vs 2006

Shrank 38% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ABSOLUTESKILLS AS. Revenue 2.06m NOK → 1.28m NOK (-37.7%). Net result +937.3k NOK → +193.1k NOK. Equity 1.41m NOK → 1.22m 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
2.06m NOK 1.28m NOK
-37.7%
Operating result
+766.3k NOK +624.7k NOK
-18.5%
Net result
+937.3k NOK +193.1k NOK
-79.4%
Equity
1.41m NOK 1.22m NOK
-13.7%
Total assets
2.08m NOK 1.54m NOK
-25.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.97m NOK → 439.8k NOK (96% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.06m NOK to 1.28m NOK (-37.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +766.3k NOK → +624.7k NOK (op. margin 37.3% → 48.8%). Calculated

  • ↓

    Net result weakened

    Net result +937.3k NOK → +193.1k NOK (net margin 45.6% → 15.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.41m NOK → 1.22m NOK (equity ratio 67.8% → 78.7%). Calculated