3T TEAM AS: årsregnskap 2007 vs 2006
Another loss-making year
approved 2008-04-28; registry 2008-05-22
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 3T TEAM AS. Equity 209.2k NOK → -51.3k NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for 3T TEAM AS.
At a glance
Scorecard
Net result
n/m
-250.8k NOK
—
Equity
209.2k NOK
-51.3k NOK
-124.5%
Cash
110.0k NOK
537.3k NOK
+388.4%
Total assets
4 209 NOK
4.14m NOK
+98302.5%
What improved
-
↑
Cash rose
Bank deposits 110.0k NOK → 537.3k NOK (+388.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 209.2k NOK → -51.3k NOK (equity ratio 4970.3% → -1.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 110.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation