FirmaIQ
Org.nr 989 270 273 2006 → 2007 Year-over-year analysis

HESTNES-LANDE HOLDING AS: årsregnskap 2007 vs 2006

Grew 885% on revenue, weaker earnings

approved 2008-06-30; registry 2008-09-24

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for HESTNES-LANDE HOLDING AS. Revenue 42.0k NOK → 413.1k NOK (+884.7%). Net result +360.0k NOK → +52.1k NOK. Equity 600.0k NOK → 652.1k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for HESTNES-LANDE HOLDING AS.

At a glance

Scorecard

Revenue
42.0k NOK 413.1k NOK
+884.7%
Operating result
+57.4k NOK +196.0k NOK
+241.7%
Net result
+360.0k NOK +52.1k NOK
-85.5%
Equity
600.0k NOK 652.1k NOK
+8.7%
Total assets
792.0k NOK 3.53m NOK
+345.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.0k NOK to 413.1k NOK (+884.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +57.4k NOK → +196.0k NOK (op. margin 136.7% → 47.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 600.0k NOK → 652.1k NOK (equity ratio 75.8% → 18.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 12.29×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +360.0k NOK → +52.1k NOK (net margin 858.0% → 12.6%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 76.7k NOK → 89.8k NOK (+17.1% YoY). Calculated