7TH GENERATION EIENDOM AS: årsregnskap 2007 vs 2006
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 7TH GENERATION EIENDOM AS. Net result +208.9k NOK → +536.1k NOK. Equity 675.5k NOK → 1 211 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7TH GENERATION EIENDOM AS.
At a glance
Scorecard
Operating result
-32.7k NOK
-17.6k NOK
+46.4%
Net result
+208.9k NOK
+536.1k NOK
+156.6%
Equity
675.5k NOK
1 211 NOK
-99.8%
Total assets
926.4k NOK
498.7k NOK
-46.2%
What improved
-
↑
Operating result improved
Operating result -32.7k NOK → -17.6k NOK. Calculated
-
↑
Net result improved
Net result +208.9k NOK → +536.1k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 675.5k NOK → 1 211 NOK (equity ratio 72.9% → 0.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation