Org.nr 981 709 063 2006 → 2007 Year-over-year analysis

ADITECH AS: årsregnskap 2007 vs 2006

Shrank 9% on revenue

approved 2008-06-04; registry 2008-09-03

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ADITECH AS. Revenue 2.61m NOK → 2.37m NOK (-9.2%). Equity 290.9k NOK → 553.7k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADITECH AS.

At a glance

Revenue

2.61m NOK 2.37m NOK

-9.2%

Operating result

+282.0k NOK +334.8k NOK

+18.7%

Equity

290.9k NOK 553.7k NOK

+90.3%

Cash

333.0k NOK 720.8k NOK

+116.5%

Total assets

143.0k NOK 1.52m NOK

+961.4%

↑
Operating result improved

Operating result +282.0k NOK → +334.8k NOK (op. margin 10.8% → 14.1%). Calculated
↑
Equity strengthened

Book equity 290.9k NOK → 553.7k NOK (equity ratio 203.4% → 36.5%). Calculated
↑
Cash rose

Bank deposits 333.0k NOK → 720.8k NOK (+116.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.16× → 1.57×. Calculated
↑
Payroll decreased

Salary cost 805.7k NOK → 2 007 NOK (31% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.61m NOK to 2.37m NOK (-9.2% YoY). Calculated