AKERSHUS MOTOR AS: årsregnskap 2007 vs 2006
Shrank 54% on revenue, stronger earnings
approved 2008-06-30; registry 2008-09-06
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKERSHUS MOTOR AS. Revenue 25.51m NOK → 11.76m NOK (-53.9%). Net result +34.7k NOK → +60.5k NOK. Equity 759.3k NOK → 819.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS MOTOR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +53.9k NOK → +92.4k NOK (op. margin 0.2% → 0.8%). Calculated
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↑
Net result improved
Net result +34.7k NOK → +60.5k NOK (net margin 0.1% → 0.5%). Calculated
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↑
Equity strengthened
Book equity 759.3k NOK → 819.8k NOK (equity ratio 25.2% → 70.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 1.30×. Calculated
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Payroll decreased
Salary cost 2.32m NOK → 1.06m NOK (9% → 9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 25.51m NOK to 11.76m NOK (-53.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 21.37m NOK → 9.99m NOK (-53.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 930.4k NOK → 600.3k NOK. Reported fact