ACHILLES INFORMATION AS: årsregnskap 2007 vs 2006
Grew 53% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACHILLES INFORMATION AS. Revenue 16.48m NOK → 25.20m NOK (+52.9%). Net result +4.93m NOK → +1.45m NOK. Equity 13.82m NOK → 8.26m NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACHILLES INFORMATION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.48m NOK to 25.20m NOK (+52.9% YoY). Calculated
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↑
Operating result improved
Operating result +1.91m NOK → +1.93m NOK (op. margin 11.6% → 7.7%). Calculated
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Payroll decreased
Salary cost -4.47m NOK → -7.12m NOK (-27% → -28% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +4.93m NOK → +1.45m NOK (net margin 29.9% → 5.7%). Calculated
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↓
Equity eroded
Book equity 13.82m NOK → 8.26m NOK (equity ratio 55.3% → 31.8%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad -2.16m NOK → 1.83m NOK (+185.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.05m NOK → 2.53m NOK. Reported fact