Org.nr 987 494 913 2006 → 2007 Year-over-year analysis

58N EIENDOM AS: årsregnskap 2007 vs 2006

Shrank 86% on revenue, cash halved-plus

approved 2008-06-12; registry 2008-08-14

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for 58N EIENDOM AS. Revenue 28.49m NOK → 4.02m NOK (-85.9%). Equity 2.80m NOK → 2.44m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 58N EIENDOM AS.

At a glance

Revenue

28.49m NOK 4.02m NOK

-85.9%

Operating result

+2.30m NOK n/m

—

Equity

2.80m NOK 2.44m NOK

-12.9%

Cash

654.8k NOK 239.7k NOK

-63.4%

Total assets

9.64m NOK 3.72m NOK

-61.4%

↓
Revenue fell

Operating income / revenue moved from 28.49m NOK to 4.02m NOK (-85.9% YoY). Calculated
↓
Equity eroded

Book equity 2.80m NOK → 2.44m NOK (equity ratio 29.1% → 65.6%). Calculated
↓
Cash fell

Bank deposits 654.8k NOK → 239.7k NOK (-63.4% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.67m NOK → 7.32m NOK (6% → 182% of revenue). Calculated

·
COGS fell

COGS / varekostnad 3.75m NOK → 2.42m NOK (-35.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 158.8k NOK → 426.6k NOK. Reported fact