AKB LIGHTING AS: årsregnskap 2007 vs 2006
Grew 48% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKB LIGHTING AS. Revenue 17.80m NOK → 26.40m NOK (+48.3%). Net result +540.2k NOK → +331.6k NOK. Equity 2.50m NOK → 4.86m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKB LIGHTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 17.80m NOK to 26.40m NOK (+48.3% YoY). Calculated
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↑
Equity strengthened
Book equity 2.50m NOK → 4.86m NOK (equity ratio 28.9% → 38.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +628.0k NOK → -143.1k NOK (op. margin 3.5% → -0.5%). Calculated
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↓
Net result weakened
Net result +540.2k NOK → +331.6k NOK (net margin 3.0% → 1.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.24m NOK → 5.35m NOK (24% → 20% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 10.45m NOK → 14.70m NOK (+40.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 123 NOK → 123.0k NOK. Reported fact