A1 SECURITY AS: årsregnskap 2007 vs 2006
Grew 127848% on revenue, slipped into loss
approved 2008-08-27; registry 2008-09-04
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A1 SECURITY AS. Revenue 2 118 NOK → 2.71m NOK (+127847.9%). Net result +113.0k NOK → -387.39bn NOK. Equity 180.8k NOK → -206.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A1 SECURITY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2 118 NOK to 2.71m NOK (+127847.9% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.56m NOK → 1.43m NOK (73835% → 53% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +185.1k NOK → -481.84bn NOK (op. margin 8737.7% → -17780309.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 113.0k NOK profit to a loss of 387.39bn NOK. Calculated
-
↓
Equity eroded
Book equity 180.8k NOK → -206.6k NOK (equity ratio 38.9% → -27958.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -27958.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 132.8k NOK → 238.4k NOK (+79.4% YoY). Calculated