A-BAD AS: årsregnskap 2007 vs 2006
Shrank 91% on revenue, weaker earnings
approved 2008-08-26; registry 2008-09-10
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A-BAD AS. Revenue 247.8k NOK → 22.5k NOK (-90.9%). Net result +189.6k NOK → +53.7k NOK. Equity 597.3k NOK → 543.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 165.1k NOK → 355.6k NOK (+115.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 247.8k NOK to 22.5k NOK (-90.9% YoY). Calculated
-
↓
Net result weakened
Net result +189.6k NOK → +53.7k NOK (net margin 76.5% → 238.6%). Calculated
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↓
Equity eroded
Book equity 597.3k NOK → 543.6k NOK (equity ratio 90.7% → 84.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost -4 654 NOK → 743 NOK (-2% → 3% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 500 NOK → 7 500 NOK. Reported fact