A ASBJØRNSENS EIENDOM AS: årsregnskap 2007 vs 2006
Grew 30% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A ASBJØRNSENS EIENDOM AS. Revenue 3.13m NOK → 4.06m NOK (+29.7%). Net result +415.4k NOK → +283.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A ASBJØRNSENS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.13m NOK to 4.06m NOK (+29.7% YoY). Calculated
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↑
Operating result improved
Operating result +630.8k NOK → +1.31m NOK (op. margin 20.1% → 32.3%). Calculated
What deteriorated
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↓
Net result weakened
Net result +415.4k NOK → +283.3k NOK (net margin 13.3% → 7.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.34× → 0.04× — 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 3.24m NOK → 2.73m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1 041 NOK → 20.29m NOK. Reported fact