AK BÅT OG BIL AS: årsregnskap 2007 vs 2006
Shrank 12% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AK BÅT OG BIL AS. Revenue 1.03m NOK → 906.1k NOK (-12.3%). Net result +11.7k NOK → +126.2k NOK. Equity 604.3k NOK → 478.1k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK BÅT OG BIL AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +11.7k NOK → +126.2k NOK (net margin 1.1% → 13.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.03m NOK to 906.1k NOK (-12.3% YoY). Calculated
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↓
Operating result weakened
Operating result +17.7k NOK → -58.4k NOK (op. margin 1.7% → -6.4%). Calculated
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↓
Equity eroded
Book equity 604.3k NOK → 478.1k NOK (equity ratio 81.7% → 30.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 4 376 NOK → 306.8k NOK (0% → 34% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 301.4k NOK → 133.0k NOK. Reported fact