AKADEMIET SANDNES AS: årsregnskap 2007 vs 2006
Grew 138% on revenue, weaker earnings, fresh owner capital
approved 2008-05-30; registry 2008-08-27
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKADEMIET SANDNES AS. Revenue 5.82m NOK → 13.87m NOK (+138.4%). Net result +80.4k NOK → +14.9k NOK. Equity 150.8k NOK → 165.7k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: net result weakened.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKADEMIET SANDNES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.82m NOK to 13.87m NOK (+138.4% YoY). Calculated
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↑
Equity strengthened
Book equity 150.8k NOK → 165.7k NOK (equity ratio 9.0% → 3.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 300 NOK → 300.0k NOK (+299.7k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +80.4k NOK → +14.9k NOK (net margin 1.4% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.57m NOK → 6.52m NOK (44% → 47% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 573.6k NOK → 854.8k NOK (+49.0% YoY). Calculated