A/S POLYCORP: årsregnskap 2007 vs 2006
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A/S POLYCORP. Revenue 216.1k NOK → 208.3k NOK (-3.6%). Net result -428.1k NOK → -1.30m NOK. Equity 2.24m NOK → 93.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S POLYCORP.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 216.1k NOK to 208.3k NOK (-3.6% YoY). Calculated
-
↓
Operating result weakened
Operating result -212.6k NOK → -1.09m NOK (op. margin -98.4% → -523.3%). Calculated
-
↓
Net result weakened
Net result -428.1k NOK → -1.30m NOK (net margin -198.2% → -625.1%). Calculated
-
↓
Equity eroded
Book equity 2.24m NOK → 93.5k NOK (equity ratio 8.3% → 0.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 7.80m NOK → 11.29m NOK. Reported fact