A HELGELAND BETONG AS: årsregnskap 2007 vs 2006
Grew 228% on revenue
approved 2008-08-22; registry 2008-08-28
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A HELGELAND BETONG AS. Revenue 8.10m NOK → 26.60m NOK (+228.4%). Equity 299.3k NOK → -218.1k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.10m NOK to 26.60m NOK (+228.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 299.3k NOK → -218.1k NOK (equity ratio 7.9% → -2.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 6.70m NOK → 8.14m NOK (83% → 31% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 723.0k NOK → 15.70m NOK (+2072.1% YoY). Calculated