ELLIPTIC LABORATORIES ASA: årsregnskap 2007 vs 2006
Grew 7906% on revenue, stronger earnings
approved 2008-06-25; registry 2008-08-05
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ELLIPTIC LABORATORIES ASA. Revenue 37.5k NOK → 3.00m NOK (+7905.6%). Net result +172.5k NOK → +636.7k NOK. Equity 655.9k NOK → 350.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ELLIPTIC LABORATORIES ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 37.5k NOK to 3.00m NOK (+7905.6% YoY). Calculated
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Operating result improved
Operating result +172.8k NOK → +579.6k NOK (op. margin 460.7% → 19.3%). Calculated
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Net result improved
Net result +172.5k NOK → +636.7k NOK (net margin 459.9% → 21.2%). Calculated
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Owners injected capital
Paid-in equity rose 828.3k NOK → 836.5k NOK (+8 190 NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 655.9k NOK → 350.8k NOK (equity ratio 81.3% → 69.1%). Calculated
Things to notice
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Payroll increased
Salary cost 1.10m NOK → 1.20m NOK (2934% → 40% of revenue). Calculated
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Book investments changed
Investment / intangible book value 630 NOK → 100.0k NOK. Reported fact