ADDENDA CONSULT AS: årsregnskap 2007 vs 2006
Stronger earnings
approved 2008-05-26; registry 2008-06-03
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADDENDA CONSULT AS. Revenue 2.55m NOK → 2.60m NOK (+1.8%). Net result +300.8k NOK → +434.8k NOK. Equity 406.6k NOK → 241.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDENDA CONSULT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.55m NOK to 2.60m NOK (+1.8% YoY). Calculated
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↑
Operating result improved
Operating result +430.3k NOK → +603.4k NOK (op. margin 16.9% → 23.2%). Calculated
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↑
Net result improved
Net result +300.8k NOK → +434.8k NOK (net margin 11.8% → 16.7%). Calculated
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↑
Payroll decreased
Salary cost 1.82m NOK → 1.77m NOK (71% → 68% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 406.6k NOK → 241.4k NOK (equity ratio 42.4% → 14.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 24.6k NOK → 1 508 NOK (-93.9% YoY). Calculated