FirmaIQ
Org.nr 947 014 781 2006 → 2007 Year-over-year analysis

A/S MILLENIUM: årsregnskap 2007 vs 2006

Cash halved-plus

approved 2008-06-10; registry 2008-06-21

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for A/S MILLENIUM. Revenue 0 NOK → 0 NOK (0.0%). Equity 49.71m NOK → 58.87m NOK.

On the constructive side: equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S MILLENIUM.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
n/m +9.16m NOK
—
Equity
49.71m NOK 58.87m NOK
+18.4%
Cash
4.84m NOK 332.8k NOK
-93.1%
Total assets
56.26m NOK 67.39m NOK
+19.8%

What improved

  • ↑

    Equity strengthened

    Book equity 49.71m NOK → 58.87m NOK (equity ratio 88.4% → 87.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.84m NOK → 332.8k NOK (-93.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.84m NOK → 332.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 42 NOK → 51.16m NOK. Reported fact