ADMINISTRASJONSPARTNER AS: årsregnskap 2007 vs 2006
Grew 224% on revenue, stronger earnings
approved 2008-05-20; registry 2008-09-04
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADMINISTRASJONSPARTNER AS. Revenue 246.1k NOK → 797.8k NOK (+224.2%). Net result +35.4k NOK → +324.6k NOK. Equity 171.0k NOK → 495.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMINISTRASJONSPARTNER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 246.1k NOK to 797.8k NOK (+224.2% YoY). Calculated
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Operating result improved
Operating result +48.5k NOK → +457.8k NOK (op. margin 19.7% → 57.4%). Calculated
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Net result improved
Net result +35.4k NOK → +324.6k NOK (net margin 14.4% → 40.7%). Calculated
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Equity strengthened
Book equity 171.0k NOK → 495.6k NOK (equity ratio 30.7% → 133.5%). Calculated
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Payroll decreased
Salary cost 37.8k NOK → 1 154 NOK (15% → 0% of revenue). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 1.30× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 82.3k NOK → 66.7k NOK (-19.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 53.3k NOK → 159.3k NOK. Reported fact