A. ÅRDAL AS: årsregnskap 2007 vs 2006
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A. ÅRDAL AS. Revenue 901.3k NOK → 1 178 NOK (-99.9%). Equity 796.0k NOK → 1 109 NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. ÅRDAL AS.
At a glance
Scorecard
Revenue
901.3k NOK
1 178 NOK
-99.9%
Equity
796.0k NOK
1 109 NOK
-99.9%
Total assets
8.72m NOK
8.52m NOK
-2.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 901.3k NOK to 1 178 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 796.0k NOK → 1 109 NOK (equity ratio 9.1% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation