A/S Magnus Bergsgate 6: årsregnskap 2007 vs 2006
Shrank 6% on revenue
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A/S Magnus Bergsgate 6. Revenue 432.81bn NOK → 407.81bn NOK (-5.8%). Equity -390.0k NOK → -432.7k NOK.
Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Magnus Bergsgate 6.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 432.81bn NOK to 407.81bn NOK (-5.8% YoY). Calculated
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↓
Equity eroded
Book equity -390.0k NOK → -432.7k NOK (equity ratio -72.2% → -117.8%). Calculated
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Current ratio dropped below 1×
Current ratio 1.07× → 0.04× — 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 -117.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation