ABA PROSJEKT AS: årsregnskap 2007 vs 2006
Stronger earnings
approved 2008-06-13; registry 2008-08-12
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABA PROSJEKT AS. Revenue 0 NOK → 409.6k NOK. Net result -83.5k NOK → -61.1k NOK. Equity 369.5k NOK → 320.4k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABA PROSJEKT AS.
At a glance
Scorecard
Revenue
0 NOK
409.6k NOK
—
Operating result
n/m
+130.8k NOK
—
Net result
-83.5k NOK
-61.1k NOK
+26.9%
Equity
369.5k NOK
320.4k NOK
-13.3%
Cash
n/m
159.7k NOK
—
Total assets
4.50m NOK
5.90m NOK
+31.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 409.6k NOK. Calculated
-
↑
Net result improved
Net result -83.5k NOK → -61.1k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 369.5k NOK → 320.4k NOK (equity ratio 8.2% → 5.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation