FirmaIQ
Org.nr 980 119 548 2006 → 2007 Year-over-year analysis

ADDEND AS: årsregnskap 2007 vs 2006

Shrank 65% on revenue, slipped into loss

approved 2008-05-13; registry 2008-06-16

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ADDEND AS. Revenue 1.06m NOK → 367.9k NOK (-65.2%). Net result +327.1k NOK → -77.4k NOK. Equity 974.6k NOK → 897.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDEND AS.

At a glance

Scorecard

Revenue
1.06m NOK 367.9k NOK
-65.2%
Operating result
+328.1k NOK +11.5k NOK
-96.5%
Net result
+327.1k NOK -77.4k NOK
-123.7%
Equity
974.6k NOK 897.2k NOK
-7.9%
Cash
n/m 293.2k NOK
—
Total assets
2.13m NOK 2.04m NOK
-4.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 236.8k NOK → -12.3k NOK (22% → -3% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.06m NOK to 367.9k NOK (-65.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +328.1k NOK → +11.5k NOK (op. margin 31.1% → 3.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 327.1k NOK profit to a loss of 77.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 974.6k NOK → 897.2k NOK (equity ratio 45.8% → 44.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 434.0k NOK → 9 700 NOK. Reported fact