Org.nr 955 852 060 2006 → 2007 Year-over-year analysis

AB PROFILERING AS: årsregnskap 2007 vs 2006

Shrank 23% on revenue

approved 2008-09-12; registry 2008-09-17

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for AB PROFILERING AS. Revenue 2.71m NOK → 2.08m NOK (-23.4%). Equity -22.3k NOK → -543.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB PROFILERING AS.

At a glance

Revenue

2.71m NOK 2.08m NOK

-23.4%

Equity

-22.3k NOK -543.2k NOK

-2330.9%

Cash

17.1k NOK 17.2k NOK

+0.6%

Total assets

1.38m NOK 678.0k NOK

-50.8%

↑
Payroll decreased

Salary cost 739.2k NOK → 382.8k NOK (27% → 18% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.71m NOK to 2.08m NOK (-23.4% YoY). Calculated
↓
Equity eroded

Book equity -22.3k NOK → -543.2k NOK (equity ratio -1.6% → -80.1%). Calculated
↓
COGS moved

COGS / varekostnad 191.8k NOK → 1.74m NOK (+808.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is -80.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation