FirmaIQ
Org.nr 976 208 277 2006 → 2007 Year-over-year analysis

AIRCRAFT ENGINEERING AS: årsregnskap 2007 vs 2006

Shrank 47% on revenue

approved 2008-06-30; registry 2008-09-04

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for AIRCRAFT ENGINEERING AS. Revenue 3.44m NOK → 1.82m NOK (-47.2%). Net result +2 008 NOK → +24 NOK. Equity 429.0k NOK → 198.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.

At a glance

Scorecard

Revenue
3.44m NOK 1.82m NOK
-47.2%
Net result
+2 008 NOK +24 NOK
-98.8%
Equity
429.0k NOK 198.2k NOK
-53.8%
Cash
32.2k NOK 18.8k NOK
-41.6%
Total assets
1.13m NOK 1.05m NOK
-7.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 856.4k NOK → 822.5k NOK (25% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.44m NOK to 1.82m NOK (-47.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2 008 NOK → +24 NOK (net margin 0.1% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 429.0k NOK → 198.2k NOK (equity ratio 37.8% → 18.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 32.2k NOK → 18.8k NOK (-41.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.78m NOK → 2.79m NOK (+57.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 50.0k NOK → 26.8k NOK. Reported fact