FirmaIQ
Org.nr 984 204 442 2006 → 2007 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2007 vs 2006

Shrank 9% on revenue, weaker earnings

approved 2008-06-30; registry 2008-08-30

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ABSYN HOLDING AS. Revenue 2.69m NOK → 2.44m NOK (-9.3%). Net result +925.3k NOK → +396.7k NOK. Equity 2.19m NOK → 1.79m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
2.69m NOK 2.44m NOK
-9.3%
Operating result
+35.3k NOK +10 NOK
-100.0%
Net result
+925.3k NOK +396.7k NOK
-57.1%
Equity
2.19m NOK 1.79m NOK
-18.1%
Total assets
4.70m NOK 5.04m NOK
+7.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.69m NOK to 2.44m NOK (-9.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +35.3k NOK → +10 NOK (op. margin 1.3% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +925.3k NOK → +396.7k NOK (net margin 34.4% → 16.2%). Calculated

  • ↓

    Equity eroded

    Book equity 2.19m NOK → 1.79m NOK (equity ratio 46.5% → 35.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 263.2k NOK → 543.0k NOK (10% → 22% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 282.4k NOK → 193.4k NOK (-31.5% YoY). Calculated