FirmaIQ
Org.nr 980 489 876 2006 → 2007 Year-over-year analysis

ULSTEIN GROUP ASA: årsregnskap 2007 vs 2006

Shrank 62% on revenue

approved 2007-12-31; registry 2008-08-26

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ULSTEIN GROUP ASA. Revenue 12.27m NOK → 4.66m NOK (-62.0%). Net result +212.11m NOK → +185.09m NOK. Equity 722.33m NOK → 702.34m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ULSTEIN GROUP ASA.

At a glance

Scorecard

Revenue
12.27m NOK 4.66m NOK
-62.0%
Operating result
+36.84m NOK +193.67m NOK
+425.7%
Net result
+212.11m NOK +185.09m NOK
-12.7%
Equity
722.33m NOK 702.34m NOK
-2.8%
Total assets
1.23bn NOK 1.37bn NOK
+11.9%

What improved

  • ↑

    Operating result improved

    Operating result +36.84m NOK → +193.67m NOK (op. margin 300.2% → 4155.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.27m NOK to 4.66m NOK (-62.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +212.11m NOK → +185.09m NOK (net margin 1728.2% → 3971.7%). Calculated

  • ↓

    Equity eroded

    Book equity 722.33m NOK → 702.34m NOK (equity ratio 58.9% → 51.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 294.67m NOK → 15.34bn NOK (2401% → 329146% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 363.61m NOK → 329.35m NOK (-9.4% YoY). Calculated