A & B ANDREASSEN MASKIN AS: årsregnskap 2007 vs 2006
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A & B ANDREASSEN MASKIN AS. Revenue 5.94m NOK → 6.19m NOK (+4.2%). Equity 206.4k NOK → -110.1k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A & B ANDREASSEN MASKIN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.94m NOK to 6.19m NOK (+4.2% YoY). Calculated
-
↑
Operating result improved
Operating result +232.8k NOK → +261.3k NOK (op. margin 3.9% → 4.2%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 206.4k NOK → -110.1k NOK (equity ratio 4.7% → -2.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 912.8k NOK → 56.2k NOK (-93.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 89.0k NOK → 5 000 NOK. Reported fact