ADELIN AS: årsregnskap 2007 vs 2006
Grew 44% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADELIN AS. Revenue 11.94m NOK → 17.24m NOK (+44.4%). Net result +748.9k NOK → +210.4k NOK. Equity 541.2k NOK → 3.75m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADELIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.94m NOK to 17.24m NOK (+44.4% YoY). Calculated
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Operating result improved
Operating result -761.2k NOK → +4.61m NOK (op. margin -6.4% → 26.8%). Calculated
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Equity strengthened
Book equity 541.2k NOK → 3.75m NOK (equity ratio 3.6% → 58.2%). Calculated
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Payroll decreased
Salary cost 4.36m NOK → 4.24m NOK (36% → 25% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +748.9k NOK → +210.4k NOK (net margin 6.3% → 1.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.69m NOK → 6.54m NOK (-2.2% YoY). Calculated