5 X H MOTE NATIONAL AS: årsregnskap 2007 vs 2006
Slipped into loss
approved 2008-06-20; registry 2008-07-15
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 5 X H MOTE NATIONAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +352.4k NOK → -10.7k NOK. Equity 706.7k NOK → 396.0k NOK.
Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 5 X H MOTE NATIONAL AS.
At a glance
Scorecard
What deteriorated
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Fell into a net loss
Net result flipped from 352.4k NOK profit to a loss of 10.7k NOK. Calculated
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Equity eroded
Book equity 706.7k NOK → 396.0k NOK (equity ratio 92.9% → 52.8%). Calculated
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Cash fell
Bank deposits 166.2k NOK → 158.6k NOK (-4.5% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 4.18× → 0.62× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 400.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 511.6k NOK → 520.6k NOK. Reported fact