A-J EIENDOM TRONDHEIM AS: årsregnskap 2007 vs 2006
Shrank 13% on revenue, cash halved-plus
approved 2008-06-28; registry 2008-07-09
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A-J EIENDOM TRONDHEIM AS. Revenue 405.3k NOK → 352.1k NOK (-13.1%). Equity 414.7k NOK → 409.6k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A-J EIENDOM TRONDHEIM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 405.3k NOK to 352.1k NOK (-13.1% YoY). Calculated
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↓
Operating result weakened
Operating result +214.1k NOK → +134.2k NOK (op. margin 52.8% → 38.1%). Calculated
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↓
Equity eroded
Book equity 414.7k NOK → 409.6k NOK (equity ratio 18.0% → 10.8%). Calculated
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↓
Cash fell
Bank deposits 71.22m NOK → 78 NOK (-100.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (71.22m NOK → 78 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 81.8k NOK → 40.0k NOK (-51.1% YoY). Calculated