ADAM OG EVA SKOLEN AS: årsregnskap 2007 vs 2006
Shrank 11% on revenue
approved 2008-05-27; registry 2008-07-14
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADAM OG EVA SKOLEN AS. Revenue 5.49m NOK → 4.86m NOK (-11.4%). Net result +302.5k NOK → +262.1k NOK. Equity 910.9k NOK → 304.2k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAM OG EVA SKOLEN AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +409.6k NOK → +426.0k NOK (op. margin 7.5% → 8.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.49m NOK to 4.86m NOK (-11.4% YoY). Calculated
-
↓
Net result weakened
Net result +302.5k NOK → +262.1k NOK (net margin 5.5% → 5.4%). Calculated
-
↓
Equity eroded
Book equity 910.9k NOK → 304.2k NOK (equity ratio 25.2% → 10.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.29m NOK → 2.32m NOK (42% → 48% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 655.6k NOK → 292.2k NOK (-55.4% YoY). Calculated