AGENTURHUSET UTLEIE AS: årsregnskap 2007 vs 2006
Grew 20% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AGENTURHUSET UTLEIE AS. Revenue 3.29m NOK → 3.95m NOK (+19.8%). Net result +1.04m NOK → +1.40m NOK. Equity 2.70m NOK → 4.10m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGENTURHUSET UTLEIE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.29m NOK to 3.95m NOK (+19.8% YoY). Calculated
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Net result improved
Net result +1.04m NOK → +1.40m NOK (net margin 31.4% → 35.5%). Calculated
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Equity strengthened
Book equity 2.70m NOK → 4.10m NOK (equity ratio 35.5% → 51.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +716.1k NOK → +22.0k NOK (op. margin 21.7% → 0.6%). Calculated
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Cash fell
Bank deposits 7.73m NOK → 1.66m NOK (-78.5% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (7.73m NOK → 1.66m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS moved
COGS / varekostnad 639.8k NOK → 778.6k NOK (+21.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 3.23m NOK → 2.23m NOK. Reported fact