ACTON CONSULTING AS: årsregnskap 2007 vs 2006
Shrank 42% on revenue, stronger earnings
approved 2008-05-27; registry 2008-05-29
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACTON CONSULTING AS. Revenue 2.47m NOK → 1.44m NOK (-41.8%). Net result +208.0k NOK → +265.9k NOK. Equity 317.3k NOK → 124.8k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTON CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +208.0k NOK → +265.9k NOK (net margin 8.4% → 18.5%). Calculated
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↑
Cash rose
Bank deposits 335.9k NOK → 455.2k NOK (+35.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.47m NOK to 1.44m NOK (-41.8% YoY). Calculated
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↓
Equity eroded
Book equity 317.3k NOK → 124.8k NOK (equity ratio 36.8% → 18.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.25m NOK → 4.63m NOK (51% → 321% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 507.8k NOK → 145.9k NOK (-71.3% YoY). Calculated