AGV SERVICE AS: årsregnskap 2007 vs 2006
Shrank 63% on revenue, stronger earnings
approved 2008-01-24; registry 2008-05-20
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AGV SERVICE AS. Revenue 55.5k NOK → 20.8k NOK (-62.5%). Net result +14.6k NOK → +1.95m NOK. Equity 114.1k NOK → 417.7k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGV SERVICE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +14.6k NOK → +1.95m NOK (net margin 26.2% → 9392.3%). Calculated
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↑
Equity strengthened
Book equity 114.1k NOK → 417.7k NOK (equity ratio 41.3% → 512.9%). Calculated
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↑
Cash rose
Bank deposits 64.2k NOK → 1.97m NOK (+2970.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.55× → 2.98×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 55.5k NOK to 20.8k NOK (-62.5% YoY). Calculated
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↓
Operating result weakened
Operating result +16.5k NOK → +2 801 NOK (op. margin 29.8% → 13.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 160.0k NOK → 106.7k NOK. Reported fact