A. KELLNERS BLOMSTER AS: årsregnskap 2007 vs 2006
Grew 30% on revenue, slipped into loss, cash halved-plus
approved 2008-06-13; registry 2008-06-26
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A. KELLNERS BLOMSTER AS. Revenue 3.34m NOK → 4.33m NOK (+29.6%). Net result +44.4k NOK → -188.3k NOK. Equity 287.9k NOK → 99.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A. KELLNERS BLOMSTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.34m NOK to 4.33m NOK (+29.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +101.7k NOK → -188.7k NOK (op. margin 3.0% → -4.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 44.4k NOK profit to a loss of 188.3k NOK. Calculated
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↓
Equity eroded
Book equity 287.9k NOK → 99.6k NOK (equity ratio 20.9% → 7.2%). Calculated
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↓
Cash fell
Bank deposits 435.8k NOK → 81.5k NOK (-81.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.92× → 0.73× — 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 7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.24m NOK → 7.47m NOK (37% → 172% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.17m NOK → 1.83m NOK (+56.6% YoY). Calculated