AF CONSULT MANAGEMENT AS: årsregnskap 2007 vs 2006
Shrank 58% on revenue, weaker earnings
approved 2008-06-30; registry 2008-08-20
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AF CONSULT MANAGEMENT AS. Revenue 1.63m NOK → 684.6k NOK (-57.9%). Net result +905.0k NOK → +376.4k NOK. Equity 3.13m NOK → 10.51m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF CONSULT MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.13m NOK → 10.51m NOK (equity ratio 45.8% → 77.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.09× → 2.07×. Calculated
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↑
Payroll decreased
Salary cost 852.9k NOK → 757.8k NOK (52% → 111% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.63m NOK to 684.6k NOK (-57.9% YoY). Calculated
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↓
Operating result weakened
Operating result +555.2k NOK → -364.7k NOK (op. margin 34.2% → -53.3%). Calculated
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↓
Net result weakened
Net result +905.0k NOK → +376.4k NOK (net margin 55.7% → 55.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5.53m NOK → 6.98m NOK. Reported fact