United Communications Partners Inc (UCPA)

[naturalborninvestor]

One reason for Tre Kronor's weakness are human resource costs apparently.

In 2013, In Sight and Tre Kronor reported almost identical sales figures (!), but In Sight achieved this with fewer employees. In fact, its turnover per employee ratio is almost 7 times higher than it was for Tre Kronor during the same time period. This resulted in much better financial health. The numbers seem to confirm that the size of client accounts do matter a lot in this industry. Raitangruppen (largest retailer in Norway) probably is one such mega client for In Sight. Not only do they increase top-line billings, and hence commissioned revenues, but they lead to efficiencies of scale in managing these accounts with fewer manpower.

Tre Kronor
Turnover (€ x 1000) 62,289
Turnover per employee 1,154
Solvency 1.5%


Insight
Turnover (€ x 1000) 62,730
Turnover per employee 7,841
Solvency 11.1%


source:
http://largestcompanies.com/company/In-Sight-AS-520261/closing-figures-and-key-ratios

http://largestcompanies.com/company/Tre-Kronor-Media--Reklam-Stockholm-AB-282523/closing-figures-and-key-ratios