ACO NORWAY AS: årsregnskap 2007 vs 2006
Grew 36% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACO NORWAY AS. Revenue 69.52m NOK → 94.68m NOK (+36.2%). Net result +2 006 NOK → +354.2k NOK. Equity 16.52m NOK → 24.88m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACO NORWAY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 69.52m NOK to 94.68m NOK (+36.2% YoY). Calculated
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Net result improved
Net result +2 006 NOK → +354.2k NOK (net margin 0.0% → 0.4%). Calculated
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Equity strengthened
Book equity 16.52m NOK → 24.88m NOK (equity ratio 36.5% → 49.7%). Calculated
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Current ratio back above 1×
Current ratio 0.79× → 1.64×. Calculated
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Payroll decreased
Salary cost 6.42m NOK → 1 236 NOK (9% → 0% of revenue). Calculated
Things to notice
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COGS moved
COGS / varekostnad 21.71m NOK → 33.78m NOK (+55.6% YoY). Calculated