ACTION TRANSPORT AS: årsregnskap 2007 vs 2006
Grew 19% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACTION TRANSPORT AS. Revenue 17.30m NOK → 20.59m NOK (+19.0%). Net result +297.0k NOK → +1 435 NOK. Equity 400.9k NOK → 934.5k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTION TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 17.30m NOK to 20.59m NOK (+19.0% YoY). Calculated
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↑
Equity strengthened
Book equity 400.9k NOK → 934.5k NOK (equity ratio 10.5% → 18.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.03×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +187.2k NOK → +1 888 NOK (op. margin 1.1% → 0.0%). Calculated
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↓
Net result weakened
Net result +297.0k NOK → +1 435 NOK (net margin 1.7% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 298.7k NOK → 215.2k NOK (-28.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.58m NOK → 3 227 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 420.6k NOK → 275.6k NOK. Reported fact