1000 MILE NORGE AS: årsregnskap 2006 vs 2005
Shrank 99% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for 1000 MILE NORGE AS. Revenue 1.91m NOK → 13.5k NOK (-99.3%). Equity -491.3k NOK → -717.2k NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
Revenue
1.91m NOK
13.5k NOK
-99.3%
Equity
-491.3k NOK
-717.2k NOK
-46.0%
Cash
n/m
2 884 NOK
—
Total assets
35.0k NOK
25.6k NOK
-27.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.91m NOK to 13.5k NOK (-99.3% YoY). Calculated
-
↓
Equity eroded
Book equity -491.3k NOK → -717.2k NOK (equity ratio -1402.3% → -2806.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2806.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 1.69m NOK → 2 187 NOK (-99.9% YoY). Calculated