A HELLAND TRANSPORT AS: årsregnskap 2007 vs 2006
Mixed movements in the accounts
approved 2008-10-13; registry 2008-11-08
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A HELLAND TRANSPORT AS. Revenue 6.04m NOK → 6.14m NOK (+1.7%). Equity -169.9k NOK → -320.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.04m NOK to 6.14m NOK (+1.7% YoY). Calculated
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↑
Cash rose
Bank deposits 70.0k NOK → 152.9k NOK (+118.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -169.9k NOK → -320.2k NOK (equity ratio -2.6% → -4.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.72× — 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 -4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1.43m NOK → 1.57m NOK (24% → 26% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 1 500 NOK → 28.0k NOK. Reported fact