A. VARHAUG HOLDING AS: årsregnskap 2007 vs 2006
Another loss-making year
approved 2008-08-29; registry 2008-09-04
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A. VARHAUG HOLDING AS. Equity 962.4k NOK → 781.9k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. VARHAUG HOLDING AS.
At a glance
Scorecard
Operating result
-7 202 NOK
n/m
—
Net result
n/m
-180.5k NOK
—
Equity
962.4k NOK
781.9k NOK
-18.8%
Cash
24.8k NOK
348.1k NOK
+1303.2%
Total assets
989.9k NOK
1 129 NOK
-99.9%
What improved
-
↑
Cash rose
Bank deposits 24.8k NOK → 348.1k NOK (+1303.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.90× → 2.44×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 962.4k NOK → 781.9k NOK (equity ratio 97.2% → 69259.7%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 6 202 NOK → 253.9k NOK. Reported fact