SMARTDOK AS: årsregnskap 2007 vs 2006
Grew 56% on revenue, stronger earnings
approved 24.06.2008; registry 06.08.2008
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for SMARTDOK AS. Revenue 494.6k NOK → 773.1k NOK (+56.3%). Net result +5 369 NOK → +89.6k NOK. Equity 41.1k NOK → 130.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for SMARTDOK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 494.6k NOK to 773.1k NOK (+56.3% YoY). Calculated
-
↑
Operating result improved
Operating result +9 818 NOK → +78.9k NOK (op. margin 2.0% → 10.2%). Calculated
-
↑
Net result improved
Net result +5 369 NOK → +89.6k NOK (net margin 1.1% → 11.6%). Calculated
-
↑
Equity strengthened
Book equity 41.1k NOK → 130.7k NOK (equity ratio 31.4% → 24.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 295.2k NOK → 435.8k NOK (60% → 56% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 11.5k NOK → 5 000 NOK (-56.5% YoY). Calculated