Org.nr 987 475 544 2006 → 2007 Year-over-year analysis

ADVANCED ENGINEERING SYSTEMS AS: årsregnskap 2007 vs 2006

Grew 32% on revenue

approved 2008-05-15; registry 2008-08-20

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ADVANCED ENGINEERING SYSTEMS AS. Revenue 3.00m NOK → 3.95m NOK (+31.5%). Equity 10.46m NOK → 10.52m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED ENGINEERING SYSTEMS AS.

At a glance

Revenue

3.00m NOK 3.95m NOK

+31.5%

Operating result

+549.4k NOK n/m

—

Net result

+374.6k NOK n/m

—

Equity

10.46m NOK 10.52m NOK

+0.5%

Cash

445.4k NOK 499.6k NOK

+12.2%

Total assets

1.75m NOK 1.99m NOK

+13.6%

↑
Revenue rose

Operating income / revenue moved from 3.00m NOK to 3.95m NOK (+31.5% YoY). Calculated
↑
Equity strengthened

Book equity 10.46m NOK → 10.52m NOK (equity ratio 597.8% → 528.7%). Calculated
↑
Cash rose

Bank deposits 445.4k NOK → 499.6k NOK (+12.2% YoY). Calculated

·
Payroll increased

Salary cost 568.4k NOK → 670.5k NOK (19% → 17% of revenue). Calculated
·
COGS moved

COGS / varekostnad 1.32m NOK → 2.55m NOK (+93.8% YoY). Calculated