ADEK AS: årsregnskap 2007 vs 2006
Shrank 21% on revenue, returned to profit
approved 2008-05-26; registry 2008-08-23
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADEK AS. Revenue 4.01m NOK → 3.16m NOK (-21.3%). Net result -152.6k NOK → +34.6k NOK. Equity -29.9k NOK → 4 684 NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADEK AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -92.23m NOK → +52.6k NOK (op. margin -2297.3% → 1.7%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 152.6k NOK to a profit of 34.6k NOK. Calculated
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↑
Equity strengthened
Book equity -29.9k NOK → 4 684 NOK (equity ratio -3.3% → 0.5%). Calculated
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↑
Payroll decreased
Salary cost 1.57m NOK → 587.0k NOK (39% → 19% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.01m NOK to 3.16m NOK (-21.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.94m NOK → 890.1k NOK (-54.0% YoY). Calculated