A K GRANHEIM AS: årsregnskap 2007 vs 2006
Shrank 100% on revenue, slipped into loss
approved 2008-05-20; registry 2008-08-26
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A K GRANHEIM AS. Revenue 1.41m NOK → 1 405 NOK (-99.9%). Net result +106.6k NOK → -74.7k NOK. Equity 853.1k NOK → 778.4k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A K GRANHEIM AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 966.96×. Calculated
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↑
Payroll decreased
Salary cost 713.5k NOK → 31.6k NOK (51% → 2247% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.41m NOK to 1 405 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +150.4k NOK → +76.4k NOK (op. margin 10.7% → 5438.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 106.6k NOK profit to a loss of 74.7k NOK. Calculated
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↓
Equity eroded
Book equity 853.1k NOK → 778.4k NOK (equity ratio 68.0% → 99.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 431.8k NOK → 4 050 NOK (-99.1% YoY). Calculated