ACRYLICON NORGE AS: årsregnskap 2007 vs 2006
Grew 6% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACRYLICON NORGE AS. Revenue 25.56m NOK → 27.12m NOK (+6.1%). Net result +1.15m NOK → +902.1k NOK. Equity 4.06m NOK → 3.58m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.56m NOK to 27.12m NOK (+6.1% YoY). Calculated
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↑
Operating result improved
Operating result +93.8k NOK → +1.96m NOK (op. margin 0.4% → 7.2%). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.15m NOK → +902.1k NOK (net margin 4.5% → 3.3%). Calculated
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↓
Equity eroded
Book equity 4.06m NOK → 3.58m NOK (equity ratio 25.1% → 24.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.62× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 15.65m NOK → 16.70m NOK (+6.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 46.5k NOK → 7.09m NOK. Reported fact