Org.nr 985 656 304 2006 → 2007 Year-over-year analysis

AKER P-DRIFT AS: årsregnskap 2007 vs 2006

Grew 53% on revenue, stronger earnings, cash halved-plus

approved 2008-06-30; registry 2008-08-30

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2007 with 2006 for AKER P-DRIFT AS. Revenue 5.47m NOK → 8.38m NOK (+53.3%). Net result +117.9k NOK → +514.9k NOK. Equity 241.7k NOK → 356.6k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKER P-DRIFT AS.

Scorecard

Revenue
5.47m NOK 8.38m NOK
+53.3%
Operating result
+73.1k NOK n/m
—
Net result
+117.9k NOK +514.9k NOK
+336.7%
Equity
241.7k NOK 356.6k NOK
+47.5%
Cash
448.3k NOK 58.2k NOK
-87.0%
Total assets
104.6k NOK 3.55m NOK
+3296.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.47m NOK to 8.38m NOK (+53.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +117.9k NOK → +514.9k NOK (net margin 2.2% → 6.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 241.7k NOK → 356.6k NOK (equity ratio 231.1% → 10.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 448.3k NOK → 58.2k NOK (-87.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.24× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.87m NOK (0% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 114.8k NOK → 498.8k NOK (+334.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 51.2k NOK → 30.5k NOK. Reported fact