ADACON AS: årsregnskap 2007 vs 2006
Shrank 5% on revenue, weaker earnings
approved 2008-05-02; registry 2008-06-03
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADACON AS. Revenue 1.45m NOK → 1.38m NOK (-5.3%). Net result +148.9k NOK → +217 NOK. Equity 506.6k NOK → 723.8k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACON AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 506.6k NOK → 723.8k NOK (equity ratio 66.8% → 2052.9%). Calculated
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↑
Payroll decreased
Salary cost 2.74m NOK → 873.3k NOK (188% → 63% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.45m NOK to 1.38m NOK (-5.3% YoY). Calculated
-
↓
Net result weakened
Net result +148.9k NOK → +217 NOK (net margin 10.2% → 0.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 75.8k NOK → 214.3k NOK. Reported fact