FirmaIQ
Org.nr 976 527 569 2006 → 2007 Year-over-year analysis

AKERSHUS ELEKTRO AS: årsregnskap 2007 vs 2006

Shrank 33% on revenue, weaker earnings

approved 2008-05-19; registry 2008-08-18

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for AKERSHUS ELEKTRO AS. Revenue 18.33m NOK → 12.30m NOK (-32.9%). Net result +836.0k NOK → +222.3k NOK. Equity 68.5k NOK → 562.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS ELEKTRO AS.

At a glance

Scorecard

Revenue
18.33m NOK 12.30m NOK
-32.9%
Operating result
+578.5k NOK +284.7k NOK
-50.8%
Net result
+836.0k NOK +222.3k NOK
-73.4%
Equity
68.5k NOK 562.8k NOK
+721.3%
Cash
n/m 1.21m NOK
—
Total assets
10.68m NOK 4.06m NOK
-62.0%

What improved

  • ↑

    Equity strengthened

    Book equity 68.5k NOK → 562.8k NOK (equity ratio 0.6% → 13.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.33m NOK to 12.30m NOK (-32.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +578.5k NOK → +284.7k NOK (op. margin 3.2% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result +836.0k NOK → +222.3k NOK (net margin 4.6% → 1.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.97m NOK → 4.43m NOK (22% → 36% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.87m NOK → 5.83m NOK (-34.3% YoY). Calculated