ADACC INTERNATIONAL AS: årsregnskap 2007 vs 2006
Grew 55% on revenue, stronger earnings
approved 2008-04-16; registry 2008-09-06
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADACC INTERNATIONAL AS. Revenue 590.6k NOK → 913.9k NOK (+54.7%). Net result +12.9k NOK → +346.1k NOK. Equity 156.6k NOK → 502.7k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADACC INTERNATIONAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 590.6k NOK to 913.9k NOK (+54.7% YoY). Calculated
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↑
Net result improved
Net result +12.9k NOK → +346.1k NOK (net margin 2.2% → 37.9%). Calculated
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↑
Equity strengthened
Book equity 156.6k NOK → 502.7k NOK (equity ratio 21.8% → 122.7%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.18m NOK → 1.75m NOK (199% → 191% of revenue). Calculated