AB Invest A/S: årsregnskap 2007 vs 2006
Grew 71% on revenue, cash halved-plus
approved 2008-05-31; registry 2008-09-08
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AB Invest A/S. Revenue 54.35m NOK → 93.18m NOK (+71.4%). Equity 77.13m NOK → 77.45m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for AB Invest A/S.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 54.35m NOK to 93.18m NOK (+71.4% YoY). Calculated
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↑
Equity strengthened
Book equity 77.13m NOK → 77.45m NOK (equity ratio 70.0% → 72.9%). Calculated
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↑
Payroll decreased
Salary cost 7.98m NOK → 34.2k NOK (15% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 49.67m NOK → 8.43m NOK (-83.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (49.67m NOK → 8.43m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 3.10m NOK → 30.72m NOK (+891.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 325.0k NOK → 361 NOK. Reported fact