AB FJORDLAND AS: årsregnskap 2007 vs 2006
Grew 99900% on revenue, slipped into loss
approved 2008-06-30; registry 2008-09-02
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AB FJORDLAND AS. Revenue 120 NOK → 120.0k NOK (+99900.0%). Net result +192.8k NOK → -27.6k NOK. Equity -446.9k NOK → -474.5k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB FJORDLAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 120 NOK to 120.0k NOK (+99900.0% YoY). Calculated
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↑
Operating result improved
Operating result +21.3k NOK → +45.7k NOK (op. margin 17745.0% → 38.1%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 192.8k NOK profit to a loss of 27.6k NOK. Calculated
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↓
Equity eroded
Book equity -446.9k NOK → -474.5k NOK (equity ratio -24.7% → -25.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -25.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation