ABACOT AS: årsregnskap 2007 vs 2006
Shrank 68% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABACOT AS. Revenue 938.4k NOK → 299.8k NOK (-68.1%). Net result +154.2k NOK → +96.3k NOK. Equity 344.1k NOK → 400.4k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 344.1k NOK → 400.4k NOK (equity ratio 14.7% → 18.6%). Calculated
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↑
Payroll decreased
Salary cost 422.4k NOK → 422 NOK (45% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 938.4k NOK to 299.8k NOK (-68.1% YoY). Calculated
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↓
Operating result weakened
Operating result +262.0k NOK → +218.1k NOK (op. margin 27.9% → 72.7%). Calculated
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↓
Net result weakened
Net result +154.2k NOK → +96.3k NOK (net margin 16.4% → 32.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated