A-SERVICE AS: årsregnskap 2007 vs 2006
Shrank 91% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A-SERVICE AS. Revenue 866.3k NOK → 79.0k NOK (-90.9%). Net result +61.3k NOK → -46.7k NOK. Equity 218.6k NOK → 171.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
866.3k NOK
79.0k NOK
-90.9%
Operating result
+63.7k NOK
-49.6k NOK
-177.8%
Net result
+61.3k NOK
-46.7k NOK
-176.1%
Equity
218.6k NOK
171.9k NOK
-21.4%
Cash
n/m
99.9k NOK
—
Total assets
318.0k NOK
510.9k NOK
+60.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 866.3k NOK to 79.0k NOK (-90.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +63.7k NOK → -49.6k NOK (op. margin 7.4% → -62.8%). Calculated
-
↓
Fell into a net loss
Net result flipped from 61.3k NOK profit to a loss of 46.7k NOK. Calculated
-
↓
Equity eroded
Book equity 218.6k NOK → 171.9k NOK (equity ratio 68.7% → 33.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 428.8k NOK → 552.2k NOK (50% → 699% of revenue). Calculated